European legal media Mlex reported on February 16. The 12 negotiating parties of the Trans-Pacific Partnership Agreement (TPP) have recently made progress in textile trade negotiations. According to industry officials familiar with the negotiations, the final agreement is expected to eliminate tariffs on textile trade among TPP members. In terms of rules of origin, the country of yarn production used in textiles will be used as the criterion, the so-called “yarn rules of origin.” This will prevent China from Textiles are exported in large quantities through the TPP. However, the domestic industry in the United States currently does not have a unanimous voice. The chairman of the American Textile Association said that the TPP needs a sound original product rule and a reasonable timetable for the elimination of tariffs; the American Importers Association advocates more flexible rules of origin. There should be room for the application of “tailored rules of origin” for at least some products.
TPP textile trade negotiations make progress
European legal media Mlex reported on February 16. The 12 negotiating parties of the Trans-Pacific Partnership Agreement (TPP) have recently made progress in textile trade negotiations. According to industry of…
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