Philippines Will Give Up Some Clothing Items In Exchange For The Early Passage Of The Clothing Export Act.

　　 The Philippines Cristino L. Panlilio, deputy head of the Ministry of trade and industry, said that the US "Save our Industries Act" was not able to pass the last session of Parliament because of its textile industry objections, so Philippines may have to give up some of it. Garment project To resolve resistance.

"Save our Industries Act" stipulates that American fibers or yarns can be cut and sutured entirely in Philippines and exported to the United States. Exemption from customs duties And the clothing made in Philippines is made of spun yarn or extrude yarn in the United States, and the tariff on exports to the United States can be reduced by 50% compared to the most favored nation tariff.

Once this method is passed, it will be of great help to us textile producers and Philippines garment manufacturers.

In view of the fact that many manufacturers in the United States also manufacture underwear and poplin (tabinet) made garments, the United States hopes to exclude the two products of poplin and underwear from the bill in order to avoid competition among similar products in Philippines.

In order to get the bill passed at an early date, Philippines will coordinate the amendments made by the US Congressmen and reissue it in June 2011. In the past, the amount of garments exported to Philippines in the United States reached US $3 billion per year, but now it has been reduced to US $1 billion. If the bill passed smoothly, we expect that the income of the garment industry in Philippines is expected to double, and create 300 thousand jobs in three years.