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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)


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