Philippines Will Vigorously Promote The Adoption Of The "Reservations Act" By The US Senate.

2011/7/1 14:06:00 49

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Philippines Reserves Zero Tariff On Garments

The Ministry of trade and industry of Philippines (DTI) applauded the "reservations of our industry law" to the US senators, who said the bill was aimed at revitalizing Philippines's clothing industry.

Philippines trade minister Gregory L. Gregory (Gregory L. Domingo) said that this is an important step towards revitalizing the domestic garment industry.

Since last year, The Philippines It has been promoting the passage of the bill, the Ministry of foreign affairs of Philippines and the new ambassador to Philippines of the United States. Jose Cuisia This bill has been supported.

The Philippines government urges its citizens to inform their relatives in the United States about the progress of the bill so that they can write to members of Parliament and senators to pass the bill.

A Philippines delegation led by Manny Manny Pacquio is expected to visit the United States soon. It will gather more support for the bill, which will allow Philippines to make it from textiles made in the United States. Zero tariff Enter the US market.

If the bill is passed, it will not only benefit the garment industry in Philippines, but also promote textile imports from the United States. Therefore, the textile industry in the United States will also be a beneficiary.

At present, there is no reciprocal agreement between Philippines and the United States to promote trade relations between the two sides. The adoption of this bill will create 450000 new jobs.