Home / Knowledge / News / Textiles / USIFI formally endorses TPP
USIFI formally endorses TPP
22
Jun '16
The United States Industrial Fabrics Institute (USIFI), a division of the Industrial Fabrics Association International (IFAI), has announced its formal support for the Trans-Pacific Partnership (TPP) free trade agreement.

The TPP which was signed in February by the US and 11 other countries awaits congressional approval.

The USIFI decided to endorse the TPP after an in-depth review of the final text. It determined that its key objectives were met under the terms of the agreement which includes securing a strong yarn-forward rule of origin for the vast majority of textile and apparel products, and reasonable, multi-year tariff phase-outs for sensitive industrial textile products.

The USIFI also determined that the TPP would preserve the Berry and Kissell Amendments, US government procurement laws mandating domestic preferences for national security purposes.

It also believes that the trade pact will secure provisions that allow for effective customs enforcement cooperation among the TPP parties and other standard textile chapter terms included in US free trade agreements.

"The US textile industry can compete globally under trade rules that are reasonable and fair. We extend our thanks to USTR Ambassador Michael Froman and the US textile negotiating team for their strong consideration of our input and analysis regarding provisions important to US industrial textile manufacturers," said Ted Anderson, USIFI Board Chairman and CEO of BondCote Corporation.

"While every agreement includes tradeoffs, we recognize that the overall outcome on TPP is balanced and reflects core textile industry objectives. As a result, based on the text as drafted and agreed to by the TPP nations, we endorse this agreement," Anderson added.

The USIFI is a coalition of domestic US fibre, fabric and end-product manufacturers which serves member company interests in both domestic and international affairs. USIFI is a division of the Industrial Fabrics Association International (IFAI), which represents more than 1,500 members in the specialty textile industry worldwide. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

Textiles | On 20th Aug 2017

PetroVietnam, Vinatex discuss reviving PVTEX plant

Discussions are under way between PetroVietnam and textile and...

Courtesy: Mexx

Fashion | On 20th Aug 2017

RNF acquires Mexx fashion brand

RNF, the Dutch sports and fashion holding, has purchased the global...

Textiles | On 20th Aug 2017

Intertextile Shanghai Home Textiles opens on August 23

Intertextile Shanghai Home Textiles, Asia’s leading platform to meet...

Interviews View All

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Rupa Sood and Sharan Apparao
Nayaab

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

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

August 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
66.7%
No
16.7%
Skip
16.7%

Total Votes: 30

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
43.3%
No
36.7%
Skip
20.0%

Total Votes: 30

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
83.3%
No
6.7%
Skip
10.0%

Total Votes: 30

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
60.0%
No
10.0%
Skip
30.0%

Total Votes: 30


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