Blog: Unfinished business
Leonie Barrie | 28 June 2004
The AGOA Acceleration Act was pushed through the Senate last week, and already US apparel trade groups are clamouring for lawmakers to turn their attention to other unfinished business and trade initiatives. The US/Central America Free Trade Agreement, the Haitian economic recovery legislation, the FSC-ETI repeal/Jobs Act, the miscellaneous tariff and trade bill, and the Middle East trade preferences program are just some that spring to mind.
Yet already – but not surprisingly – there are rumblings of discontent from the US textile lobby at least. In particular, the proposed FTAs with Bahrain and Morocco are coming under fire, along with CAFTA, because they contain exceptions to the rule of origin “that will harm US yarn and fabric producers.” Surely the answer’s in the title: how much freer does a ‘Free’ Trade Agreement need to get?
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