USA: New Report Details Government Help To Textile Industry
The Bush administration is today expected to release the first despatch from the Textile Working Group detailing its achievements in helping the US textile industry.
The report - "Report to the Congressional Textile Caucus on the Administration's Efforts on Textile Issues" - makes no new recommendations but instead focuses on the government's commitment to open foreign markets to textile exports and refusal to allow more imports.
It also highlights some of the administration's efforts to help the textile sector. These include trade-agreement compliance issues involving India, Egypt, Pakistan, China, Mexico and Brazil; attempts to stem textile smuggling, which resulted in $300 million in illegal trade from 162 foreign plants being stopped by US Customs between May 2001 and 2002; and sponsored pavilions at textile expositions in Germany and Tokyo.
The government says that despite international pressure it plans to maintain current antidumping laws, which penalise foreign countries for subsidising industry. And the State Department will continue to encourage trading partners to diversify their economies into non-textile sectors.
Speaking to The Charlotte Observer on Tuesday, Commerce Secretary Donald Evans said: "The president and his administration are very focused on the textile industry and are doing all we can to ensure that we open up markets for our industry all around the world. And we're ensuring that foreign countries are staying compliant with existing trade agreements."
The Bush administration believes free trade agreements are beneficial to companies, even though much of the textile industry fears they will lead to an increase in imports. The administration even plans to use the president's new trade-negotiating authority to pursue new free-trade agreements with Central and South America.
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