Home / Knowledge / News / Textiles / USFIA hails Senate for passage of TPA
USFIA hails Senate for passage of TPA
25
May '15
The United States Fashion Industry Association (USFIA) congratulated the Senate for passing the Bipartisan Congressional Trade Priorities and Accountability Act of 2015, which would renew Trade Promotion Authority (TPA).

The TPA sets the direction for a robust trade agenda, strengthens and modernizes existing law, updates negotiating objectives for the 21st century, strengthens consultations with Congress and the public and keeps Congress in control of implementing Bills.

“The fashion industry is grateful to the US Senate for passing Trade Promotion Authority before the Memorial Day Recess,” said Julia K. Hughes, president of USFIA in a statement. “We urge the House to quickly follow suit upon their return so the Obama Administration can continue its work to create high-standard, 21st-century trade policy.”

“The passage of TPA will pave the way for the Obama Administration to conclude the Trans-Pacific Partnership and continue to work on the Transatlantic Trade & Investment Partnership,” she added.

“Fashion brands, retailers, and importers in the United States are global businesses,” she noted. “They not only import products utilizing complex, global supply chains, but also increasingly sell their products all over the world, too. This globalization leads to high-quality jobs in areas like design, sourcing, compliance, logistics, shipping, marketing, and retail in the United States. It’s important that America’s trade policy reflects the way American companies are doing business around the world.”

The USFIA also thanked the Senate for passing the trade preferences legislation, including renewal of the African Growth & Opportunity Act, the generalized system of preferences (GSP), and the Haiti trade preferences. (SH)

Fibre2fashion News Desk – India


Must ReadView All

Sri Lanka reduces VAT on imported fabric to 5%

Textiles | On 24th Sep 2018

Sri Lanka reduces VAT on imported fabric to 5%

Considering the requests made by the stakeholders in the fabric...

E-com firms in India to deduct 1% TCS under GST from Oct 1

Apparel/Garments | On 24th Sep 2018

E-com firms in India to deduct 1% TCS under GST from Oct 1

E-commerce companies in India will have to deduct 1 per cent tax...

Courtesy: Andritz

Textiles | On 24th Sep 2018

'Strength of economy, demographics drive nonwovens demand'

The strength of the economy and demographic trends are the main...

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

Abhimanyu Singh Rathore & Barbara Anna Kosiorek, Kannbar

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

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

Smita Murarka, Amanté

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Yash Jain & Sanjeev Jain,

Yash Jain & Sanjeev Jain

Divyam Export, launched about 30 years ago, exports to 15 countries,...

Rikesh Mistry,

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Manoj Sorathiya,

Manoj Sorathiya

Surat-based Sunrise Imports & Exports Co is a manufacturer and...

Mark Paterson, Technical Absorbents Ltd

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Davide Vigano, Sensoria

Davide Vigano
Sensoria

Sensoria is a leading developer of smart garments and IoMe (Internet of...

Alfonso Marra, Klopman

Alfonso Marra
Klopman

It was in 1968 that Klopman introduced the concept of poly/cotton workwear ...

Judy Frater, Somaiya Kala Vidya

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Varsha Wadhwa, VW

Varsha Wadhwa
VW

Coming from a family that ran a business of jute and linen mills since...

Pranav Mishra, Huemn

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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


September 2018

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

news category


Related Categories:

Advanced Search