The United States Allows Garments To Export Duty Free To Philippines.
Philippines trade and
Industry
Minister Jesli Lapus revealed on Monday that the Arroyo administration has begun negotiations with the United States on zero tariff trade agreements aimed at promoting Philippines.
Spin
Products to the United States
Exit
。
Jesli Lapus said that according to the agreement, Philippines made of American made fabrics.
clothing
Will be duty-free into the United States, made of American yarn.
clothing
Tariffs will be lowered when entering the United States.
The terms of the proposed agreement are also part of Philippines.
clothing
Enter the United States to provide zero tariff treatment, regardless of fabric sources.
The terms of the agreement were reached when President Gloria Arroyo of Philippines visited the United States.
Lapus said,
clothing
And the apparel industry is in urgent need of development, as the apparel and apparel industry has dropped sharply from 600 thousand to 100 thousand.
After the adoption of the bill, in the first year of implementation, Philippines clothing to the United States
Exit
With an increase of $1 billion 100 million, Philippines's new investment will be about $480 million, creating 200 thousand jobs.
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