Home / Knowledge / News / Apparel/Garments / New US bill may rejuvenate garment exports

New US bill may rejuvenate garment exports

03
Jul '09
The Philippine garment export industry is expected to get a boost with the filing of a bill in the US Congress, which allows the sector tariff-free access to the markets in the US. This bill was presented as a “Save our Industries Act of 2009 (SAVE Act)”.

The Philippine textile and garment industry is going through a distressing period and the global recessionary trends have just aggravated the crisis. This bill if passed could bring in much needed investments in to the sector, aver experts.

This bill has been incorporated under the “809 Component” program, which stipulates that any piece of garment made from US manufactured yarns and fabrics and if wholly produced in Philippines, qualifies for duty-free access to the US markets.

The bill which has been enacted for a initial period of ten years is expected to provide a fillip to the US manufacturers who have been crushed under the weight of cheap imports of textiles from China, since the last few years.

Textiles finished goods which have been included in the proposed bill are cotton and man-made fibre (MMF) knit shirts, cotton and MMF trousers, cotton and MMF underwear (men's and boys' only), MMF woven men's shirts, cotton and MMF brassiers as well as cotton and MMF swimwear.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

E-commerce | On 18th Aug 2019

E-commerce sales grow faster in rural China in H1

Rural China saw faster growth in e-commerce sales compared to urban...

Pic: Steve Madden

Apparel/Garments | On 18th Aug 2019

Steve Madden acquires Italian footwear brand Greats

Steve Madden, a designer and marketer of fashion footwear and...

Pic: Shutterstock

Retail | On 18th Aug 2019

For every US retailer closing stores, 5 are opening: IHL

More than five retail chains are opening stores for every retailer...

Interviews View All

Sanjay Desai & Ashish Mulani, True Colors

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Top executives, Textile industry

Top executives
Textile industry

Defining MSMEs on the basis of turnover makes it simpler to do business

Smith Vaghasia, Sanado India

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Manuele Baggini,

Manuele Baggini

Comec Italia Srl is a world leader in the production of printing machines. ...

Harsh Shah,

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Carolin Russ,

Carolin Russ

Weko, Weitmann & Konrad GmbH & Co KG, based in south Germany, is...

Frank Heislitz, Freudenberg

Frank Heislitz
Freudenberg

Freudenberg Performance Materials is a leading global manufacturer of...

Luis Quijano, Liberty University

Luis Quijano
Liberty University

Focusing on bold patterns and colour palettes, Luis Quijano, a student at...

Giulio Cesareo, Directa Plus SpA

Giulio Cesareo
Directa Plus SpA

Established in 2005, Direct Plus SpA, is one of the largest producers and...

Samar Firdos, Arvind Ltd

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

Rajesh Pratap Singh, Rajesh Pratap Singh

Rajesh Pratap Singh
Rajesh Pratap Singh

<div>Ace fashion designer <b>Rajesh Pratap Singh</b> has used Tencel to...

Silvia Venturini Fendi, Fendi s.r.l

Silvia Venturini Fendi
Fendi s.r.l

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

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

Leave your Comments


August 2019

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

news category


Related Categories:

Advanced Search