US: Perplexing lack of action to change import scheme
Changes are urgently needed to an “ineffective” US import programme designed to boost the apparel industry in the Dominican Republic, according to the American Apparel & Footwear Association (AAFA).
In a letter to the US Trade Representative, the AAFA says it is “puzzled” as to why Congress has not acted to rectify the situation, after four years of the scheme failing to satisfy its goals.
“This lack of action is perplexing as there was strong bipartisan and bicameral support for the programme when it was first enacted,” it writes.
The letter comes in response to an annual study by the International Trade Commission (ITC) on the effectiveness of the Earned Import Allowance Program (EIAP).
The ITC has previously reported that the programme does not provide adequate incentives to boost the competitiveness of Dominican Republic apparel exports to the US.
In 2013, US apparel imports under the EIAP fell 76% to US$2.7m, the AAFA said – the latest in a series of import declines in recent years.
The AAFA said its members had not found the benefits offered by the programme to be sufficient to warrant business development.
It suggested a number of potential changes to the scheme and said: “Unless rectified, we continue to see the programme as providing little benefit for any of the stakeholders.”
- Why should brands care about China cotton?
- China cotton: implications and opportunities
- Low labour cost countries linked to highest risks
- New Gap CEO set to tackle “aesthetic issue”
- COMMENT: Skills or new technology?
- JC Penney share price falls on Q4 loss
- M&S Asia head quits as China stores to close
- Gap names new design head amid mixed Q4
- Pay rise mulled for Sri Lanka garment workers
- Delta Galil open to M&A as profit grows
- Myanmar's Garment Sector - Opportunities & Challenges in 2015
- Outdoor performance apparel: peaks, valleys, and green fields
- Apparel Retail: Top 5 Emerging Markets Industry Guide
- Global market review of swimwear - forecasts to 2019
- Management briefing: Outlook 2015: Apparel industry issues in the year ahead