Home / Knowledge / News / Textiles / AAFA urges Obama to secure economic relationship with Honduras
AAFA urges Obama to secure economic relationship with Honduras
11
Jul '09
American Apparel & Footwear Association joined six other trade groups in a joint letter (given below) to President Barack Obama regarding the current political situation in Honduras, a US/CAFTA-DR partner.

“We recognize and appreciate that the U.S. Government is taking a leadership role in resolving the political situation in Honduras. During this time, we would like to emphasize the importance of Honduran economic stability to key sectors of the U.S. economy, and to the long-term political stability in that country and the region.

Honduras is a valued U.S./Central America-Dominican Republic Free Trade Agreement (CAFTA-DR) partner that is important to U.S. business. Last year, U.S. exports to Honduras totaled nearly $5 billion, with significant and growing sales by a wide range of U.S. industries. Honduras holds particular importance for the U.S. textile and apparel supply chain, and is considered the linchpin to the Western Hemisphere supply chain for this sector.

Honduras is the third largest market for U.S. textile mill products (U.S. exports were $1.4 billion in 2008), the fourth largest supplier of apparel to the U.S. market, and the largest CAFTA-DR supplier to the United States. As a result, thousands of U.S. and Honduran jobs are dependent on the uninterrupted flow of goods to and from Honduras, and within the region.

Predictability and stability are absolutely critical to U.S. companies, especially in these difficult economic times. Key to that predictability is that the United States maintain a secure bilateral and regional economic relationship with Honduras. As your administration addresses the political situation in Honduras, we urge you to do everything possible to maintain the close commercial ties and economic engagement between the United States and Honduras.”

Six Trade Groups:
• Emergency Committee for American Trade (ECAT)
• National Council of Textile Organizations (NCTO)
• National Retail Federation (NRF)
• Retail Industry Leaders Association (RILA)
• U.S. Association of Importers of Textiles and Apparel (USA-ITA)
• U.S. Chamber of Commerce

American Apparel & Footwear Association


Must ReadView All

Apparel/Garments | On 23rd Sep 2017

AAFA urges negotiators to preserve TPLs in NAFTA

The American Apparel & Footwear Association (AAFA), an alliance of...

Textiles | On 23rd Sep 2017

SIMA urges Centre to re-look duty drawback rates

he Southern India Mills’ Association (SIMA) has appealed to the...

Textiles | On 23rd Sep 2017

PKR 690.65-mn budget for Pakistan Cotton Committee

The Pakistan Central Cotton Committee (PCCC) recently approved a PKR...

Interviews View All

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

September 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search