Home >

Members Of The US Congress Are Not Satisfied With Vietnam'S Textile Agreement.

2011/6/3 14:02:00 34

Vietnam Textile Agreement Trade Relations Clothing Market

On Wednesday, there were more than 50 congressmen on the Pacific Rim trade agreement with Vietnam.

textile

Opening up the US market is not reassuring. They say the move will destroy domestic industry in the US.


Fifty-two members of the house of Representatives (from the Liberal Democratic Party to the conservative Republican Party) called for special textile rules when the United States held negotiations on the p Pacific Partnership (TPP) with eight other countries.


In a letter to us trade representative Kirk, members said Vietnam had the ability to "pour into American textiles and

Clothing market

"But it has little capacity to accept US exports.


"If the management is not good, the p Pacific Partnership Agreement can significantly change the global trade pattern, replace the key US textile and clothing employment opportunities, and destroy the important trade relations in the Western Hemisphere, while the Western Hemisphere trade relations support nearly two million jobs," the letter said.


Negotiators called on Congress to consider tariff reductions rather than ending tariffs, requiring Vietnam to meet the benchmark of market economy before enjoying the fruits of the free trade agreement.


They also asked for stronger customs enforcement. They said that Chinese manufacturers built factories in Central American countries and enjoyed free trade agreements with the United States, using the advantages of the free trade agreement signed earlier, because they signed free trade agreements with the United States.


"These trade negotiations provide us with an opportunity to solve past mistakes and expand our economic opportunities for our workers and businesses," said Mike Michaud De, a democratic representative from Maine, Mike.


TPP countries - Australia, Brunei, Chile, Malaysia,

New Zealand

Peru, Singapore, the United States and Vietnam have already set a goal to reach a time frame agreement at the Hawaii Asia Pacific summit in November.


President Obama's government is facing domestic opposition to trade, including opposition from within the Democratic Party, but the government regards the p Pacific Partnership Agreement as a new protection right.

Environmental standard

The agreement.


But negotiators have encountered many controversies, because the ambitious agreement they are negotiating includes highly diversified economies.

  • Related reading

India'S Yarn Demand Is Beginning To Recover.

Instructions for foreign trade
|
2011/6/3 14:01:00
47

Global Leader Clothing Manufacturers Voluntarily Ban Sandblasting Technology

Instructions for foreign trade
|
2011/6/3 13:57:00
46

India May Postpone The Decision To Export More Cotton

Instructions for foreign trade
|
2011/6/3 13:51:00
46

Textile And Garment Industry In Iran Must Be Improved To Compete.

Instructions for foreign trade
|
2011/6/3 13:45:00
58

Daily Power Load Shedding For 12 Hours Led To Huge Losses For Pakistan'S Textile Industry.

Instructions for foreign trade
|
2011/6/3 13:41:00
36
Read the next article

Bangladesh'S Five Potential Markets For Clothing And Apparel Industry

Mr. Rachman said Bangladesh's clothing industry has a unique position. He said: "Bangladesh is currently the largest exporter of cotton t-shirts. Bangladesh is the second largest exporter of pullovers and jeans in the export to EU countries, and the third largest exporter of knitted apparel in the world.