Philippines Will Urge The United States To Pass Its Clothing Act As Soon As Possible.
The Philippines
Domingo, Gregory L. Domingo, recently revealed that Philippines is working hard to get in touch with the US Congress, urging the us to pass the clothing bill by the end of the year, so the bill may become part of President Aquino's trip to the United States.
Domingo said it is very important to pass the "save our industry law" before and after the end of the year, because if the recent Congress changes, the bill will be stranded, which means that the bill will be renewed.
The US mid-term election plan will be held at the end of the year.
He said that so far, the United States House of Representatives and the Senate have not passed the bill.
Therefore, more efforts can be made.
this
Clothing act
The purpose is to benefit the garment industry, because after the bill, clothing and clothing wholly produced in Philippines will receive tariff free entry into the United States, but there is an additional requirement that these garments and clothing must be made of American textiles, fabrics, yarns and cotton.
Correspondingly, American yarn.
textile
And fabrics will also enjoy the duty free entry into Philippines.
The bill is also good for the United States and Philippines, which will create jobs for both countries.
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