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    Members Of The US Congress Are Not Satisfied With Vietnam'S Textile Agreement.

    2011/6/3 14:02:00 34

    Vietnam Textile Agreement Trade Relations Clothing Market

    On Wednesday, there were more than 50 congressmen on the Pacific Rim trade agreement with Vietnam.

    textile

    Opening up the US market is not reassuring. They say the move will destroy domestic industry in the US.


    Fifty-two members of the house of Representatives (from the Liberal Democratic Party to the conservative Republican Party) called for special textile rules when the United States held negotiations on the p Pacific Partnership (TPP) with eight other countries.


    In a letter to us trade representative Kirk, members said Vietnam had the ability to "pour into American textiles and

    Clothing market

    "But it has little capacity to accept US exports.


    "If the management is not good, the p Pacific Partnership Agreement can significantly change the global trade pattern, replace the key US textile and clothing employment opportunities, and destroy the important trade relations in the Western Hemisphere, while the Western Hemisphere trade relations support nearly two million jobs," the letter said.


    Negotiators called on Congress to consider tariff reductions rather than ending tariffs, requiring Vietnam to meet the benchmark of market economy before enjoying the fruits of the free trade agreement.


    They also asked for stronger customs enforcement. They said that Chinese manufacturers built factories in Central American countries and enjoyed free trade agreements with the United States, using the advantages of the free trade agreement signed earlier, because they signed free trade agreements with the United States.


    "These trade negotiations provide us with an opportunity to solve past mistakes and expand our economic opportunities for our workers and businesses," said Mike Michaud De, a democratic representative from Maine, Mike.


    TPP countries - Australia, Brunei, Chile, Malaysia,

    New Zealand

    Peru, Singapore, the United States and Vietnam have already set a goal to reach a time frame agreement at the Hawaii Asia Pacific summit in November.


    President Obama's government is facing domestic opposition to trade, including opposition from within the Democratic Party, but the government regards the p Pacific Partnership Agreement as a new protection right.

    Environmental standard

    The agreement.


    But negotiators have encountered many controversies, because the ambitious agreement they are negotiating includes highly diversified economies.

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