Philippines Will Abandon Some Items For Us Export Of Garments.

On April 23rd, CristinoL.Panlilio, deputy director of the Ministry of trade and industry of Philippines, said that the United States "Saveour Industries Act" suffered from it. textile industry Those who opposed and failed to pass the last session of the Congress, so Philippines may have to give up some of the clothing items to resolve the resistance.

"Saveour Industries Act" stipulates that American fibers or yarns are cut and sutured entirely in Philippines. Exit When it comes to the United States, it can be exempted from customs duties, and the tariff of exporting to the United States can be reduced by 50% compared to the most favored nation tariff if Philippines made garments such as spunyarn or extrudeyarn.

Once passed, the US textile industry and Philippines tailoring All of them are quite helpful.

In view of the fact that many manufacturers in the United States also manufacture underwear and poplin (tabinet) made garments, the United States hopes to exclude the two products of poplin and underwear from the bill in order to avoid competition among similar products in Philippines.

In order to get the bill passed at an early date, Philippines will coordinate the amendments made by the US Congressmen and reissue it in June 2011. In the past, the amount of garments exported to Philippines in the United States reached US $3 billion per year, but now it has been reduced to US $1 billion. If the bill passed smoothly, we expect that the income of the garment industry in Philippines is expected to double, and create 300 thousand jobs in three years.