Mexico’s textile industry asks president to do more to stop unfair competition

According to a report by Mexico’s “Reforma” on March 18, leaders of Mexico’s textile and garment industry asked President Peña Nieto to take more measures to prevent unfair competition. Mexican entrepreneurs said that from September 2013 to December 2014, the Mexican textile and garment industry suffered an unprecedented crisis. For example, about 60% of textiles and garments entered the Mexican market at underestimated prices, and some even cost only 1 cent per piece. . The measures taken by the government in the past six months are insufficient. President Peña Nieto promised to take more action to stop illegal activities such as smuggling, piracy and price undervaluation.