Home / Knowledge / News / Textiles / Susan signs textile customs cooperation agreement with Mexico

Susan signs textile customs cooperation agreement with Mexico

31
Jan '07
U.S. Trade Representative Susan C. Schwab and Mexican Secretary of Economy Eduardo Sojo signed a customs cooperation agreement, as a first step to implementing the textile cumulation provision of the Dominican Republic - Central America Free Trade Agreement (CAFTA-DR).

The cumulation provision will allow apparel produced in Central America that incorporates certain fabric and other inputs from Mexico to qualify for duty preferences when exported to the United States under CAFTA-DR.

"I am very pleased to have completed this customs cooperation agreement," said Ambassador Schwab. "This has been a high priority for our industry and the industries in the region. I hope that the remaining requirements for the implementation of the cumulation provision will be completed soon."

The customs cooperation agreement is the first of several agreements that need to implement the cumulation provision for certain apparel products that was included in CAFTA-DR.

Under the agreement signed today, Mexican and U.S. customs authorities will cooperate to ensure proper verification of claims of preferential treatment under CAFTA-DR for apparel that contain inputs from Mexico. The agreement provides for sharing of information and documents, procedures for production verification, including through unannounced plant visits, and penalties in the event of inaccurate claims. The agreement is modeled on analogous provisions of the CAFTA-DR.

The cumulation provision is subject to annual limits on the quantity of apparel that will receive preferential treatment and covers a limited set of products. For cumulation to be effective with respect to Mexico, Mexico must also amend each of its free trade agreements with the Central American countries to provide, on a reciprocal basis, for preferential treatment of Central American apparel goods containing U.S. inputs that are exported to Mexico.

Once these amendments are reached and implemented in the domestic law of Mexico and the CAFTA-DR countries, the cumulation provisions of CAFTA-DR will enter into force with respect to Mexico.

The United States and Mexico began negotiations in the fall of 2005 on the customs cooperation agreement and concluded negotiations on the agreement on November 16, 2006.

United States Trade Representative


Must ReadView All

Pic: Shutterstock

Textiles | On 16th Sep 2021

Australia, Bangladesh sign Trade and Investment Framework Arrangement

In a recent virtual ceremony, Bangladesh and Australia signed the...

Pic: Ministry of Foreign Affairs, the People's Republic of China

Textiles | On 16th Sep 2021

China urges US to initiate steps to repair damaged bilateral ties

China recently urged the United States to initiate steps to repair...

Pic: Shutterstock

Apparel/Garments | On 16th Sep 2021

Bangladesh seeks 12-year duty-free access to EU after LDC graduation

Bangladesh commerce minister Tipu Munshi is hopeful that the European ...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Occam's razor principle and purpose-driven innovations

Textile Industry, Head honchos

Textile Industry
Head honchos

Good tidings expected for textile industry

Textile Industry, Head Honchos

Textile Industry
Head Honchos

Increase foreign exchange and create jobs

Chendhuran Sundar,

Chendhuran Sundar

Headquartered at Singapore, Crocodile is a global fashion and lifestyle...

Klaus Bergmann,

Klaus Bergmann

German company Erbatech GmbH develops, designs and manufactures high end...

Chini Chouhan,

Chini Chouhan

Founded by Chini Chouhan, her eponymous brand specialises in women's...

Johann-Philipp Dilo, Dilo Group

Johann-Philipp Dilo
Dilo Group

German company Dilo Group is one of the leading equipment suppliers of...

Steve McCullough & Marco Weichert, Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Steve McCullough & Marco Weichert
Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Functional Fabric Fair is a trade-exclusive event showcasing the latest...

Shujaul Rehman, Garware Technical Fibres

Shujaul Rehman
Garware Technical Fibres

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Archana Jaju, Label Archana Jaju

Archana Jaju
Label Archana Jaju

<b>Archana Jaju</b>’s Hyderabad-based eponymous label works with artisans...

Raghavendra Rathore, Label Raghavendra Rathore Jodhpur

Raghavendra Rathore
Label Raghavendra Rathore Jodhpur

Being one of the first designers to use the "Brand India" positioning for...

Abhishek Agarwal, Purple Style Labs

Abhishek Agarwal
Purple Style Labs

Late Indian fashion designer Wendell Rodricks, is known for his...

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 2021

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


Advanced Search