Mexico Textile Industry Adheres To The Principle Of "Origin Of Yarn"

Last week, in the nineteenth round of negotiations on Pacific Rim partnership (TPP), which ended in Brunei, Mexico textile department expressed support for the principle of "yarn origin".

President of the National Textile Industry Association (CANAINTEX) Moises Kalach The principle of "yarn origin" is currently applied under the Treaty of North American Free Trade Area (NAFTA), which stipulates that garments must have certificates of origin from the North American Free Trade Area, and the yarn and fabric used for the circulation of garments must be produced in the United States, Canada and Mexico.

If the rule is copied and adopted by TPP, the domestic textile industry in Mexico will not be affected again, Moises said.

If the "yarn origin" principle is not applied in TPP member countries, then Vietnam and other countries will use imported yarn and imported fabrics. clothing Then the duty free export to other TPP member countries, which is very beneficial to Vietnam, but will greatly affect the textile industry in Mexico, Moises said.

In Mexico Spin In the apparel industry chain, there are about 500 thousand employees, earning about 9 billion US dollars per year, while Vietnam's clothing and textile industry exports to US $17 billion, and the textile and garment industry provides employment opportunities for 2 million 200 thousand people.