Mexico’s textile industry sector calls for tougher approach to illegal activities such as smuggling

According to a report by Mexico’s “Financier” on October 24, the Mexican industrial sector requires the government to deal hard with smugglers and importers who engage in unfair trade such as underestimating prices, severely punish them with laws, and cut off their financial and operational networks. . The National Chamber of Textile Industry of Mexico stated that the integrated strategy to control the entry of textile products into the Mexican market at undervalued prices will be implemented in mid-November this year. According to estimates from the Chamber of Commerce, in June this year alone, textiles worth US$32 million and ready-made garments worth US$38 million entered the Mexican market at underestimated prices. Illegal imports have seriously affected the development potential of the Mexican textile industry. Mexico’s textile industry has 450,000 direct formal jobs, accounting for 10% of the country’s manufacturing employment.