See this at: bharattextile.com| Added on 03/09/06

WASHINGTON: Three major trade associations representing textile manufacturers, cotton producers and importers have urged the Bush administration to modify implementation of the Dominican Republic-Central America Free Trade Agreement (DR-CAFTA);... See more

WASHINGTON: Three major trade associations representing textile manufacturers, cotton producers and importers have urged the Bush administration to modify implementation of the Dominican Republic-Central America Free Trade Agreement (DR-CAFTA); sources said here on March 7. The administration has been pursuing rolling implementations of the agreement in order to ensure that participating countries can live up to agreement terms. The American Apparel & Footwear Association, the National Cotton Council and the National Council of Textile Organizations, in a letter to the USTR and the secretary of commerce, expressed their concern that the rolling implementation will disrupt trade with countries that already participate in the Caribbean Basin Trade Partnership Act. The associations, in order to avoid problems during the transition period, called for the Caribbean Basin preference agreement to remain in effect until DR-CAFTA becomes fully implemented, and for countries that accede to the... See less

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