Home / Knowledge / News / Textiles / Textile Union hails tariff freeze continuation
Textile Union hails tariff freeze continuation
01
Oct '09
A Union which represents the textile, clothing and footwear sectors has welcomed the announcement made by the Government that, the freeze on unilateral tariff reductions will be continued by postponing the tariff review for another four years.

The National Distribution Union (NDU) has been lobbying since long against a move to cut import tariffs to zero percent. It was first proposed in 1996 to eliminate all textile, clothing and footwear (TCF) tariffs by 2006.

The Asia Pacific Economic Countries (APEC), which is a forum for 21 Pacific Rim countries, had set a goal that attempted to force a zero tariff regime on all developed countries in APEC, including New Zealand.

Robert Reid, General Secretary of NDU said, “Given that Thailand, China and ASEAN “free” trade agreements allow NZ to continue with tariffs on TCF imports until 2016, it is sensible that any unilateral elimination of tariffs by NZ does not occur before this date”.

“This will give companies 10 more years from 2006 to adjust to zero tariffs as first proposed by the National Party, but however, now, the tariff issue is now secondary to the exchange rate as the main destroyer of manufacturing jobs”, he added by saying.

“As long as there is a hostile monetary policy environment for manufacturing, including the high exchange rate we will continue to see contraction and job losses in the manufacturing sector, including the textile sector,” Robert Reid said.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Suresh Patel
Sidwin Fabric

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

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search