Home / Knowledge / News / Textiles / Commerce committed to assisting domestic textile industry
Commerce committed to assisting domestic textile industry
27
Jan '10
Few domestic manufacturing sectors have been impacted more by the ongoing global economic situation than the textile and apparel industry. The International Trade Administration's Deputy Assistant Secretary for Textiles and Apparel Kim Glas discussed how the Obama administration is working to implement initiatives designed to help this critical sector recover at the South Carolina Manufacturers Alliance Textile Summit in Columbia, South Carolina.

Glas is the point person for the administration's efforts to strengthen the textile and apparel industry through increased exports that will lead to job creation. This sector has endured a long period of declining revenues and employment.

“President Obama and Commerce Secretary Locke have made it a cornerstone of their trade policy to bolster export promotion activities to help our manufacturing sector,” Glas said. “My office has a very active export promotion program that is designed to help businesses access key markets.”

Glas works closely with industry officials and her counterparts at the Office of the Unites States Trade Representative, the Export-Import Bank, and the Small Business Administration to explore ways to ensure financing is available to firms interested in exporting their goods.

“We need to provide the tools necessary to make financing more readily available to the industry,” Glas said. “We are trying to find out how the government can help you gain access to additional loans and grants that you need during these tough economic times.”

The International Trade Administration (ITA) is the premier resource for American companies competing in the global marketplace. ITA has 2,100 employees assisting U.S. exporters in more than 100 U.S. cities and 77 countries worldwide.

The International Trade Administration (ITA)

Must ReadView All

Courtesy: H&M

Apparel/Garments | On 30th Mar 2017

H&M group's sales increase 7% in 3 months to Feb '17

The H&M group's sales including VAT amounted to SEK 54,369 million...

Textiles | On 30th Mar 2017

Vietnam’s textile & garment exports earn $4bn in Jan-Feb

Vietnam earned $4 billion from textile and garment exports in the...

Textiles | On 30th Mar 2017

India Inc should work for July 1 GST roll out: Fin sec

The Goods and Services Tax (GST) will take India into a very exciting ...

Interviews View All

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Suresh Patel
Sidwin Fabric

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Rupa Sood and Sharan Apparao
Nayaab

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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
March 2017

March 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