Title: CAFTA
1CAFTA The Current Situation Next Steps Apparel
Sourcing Show Guatemala Nate Herman Director of
International Trade American Apparel Footwear
Association May 2006
2CAFTAThe Good, the Bad,and the Ugly
- The Good News
- The Bad News
- The Ugly
- How Do We Return to the Good?
3CAFTAThe Good, the Bad,and the Ugly
- The Good News
- The Bad News
- The Ugly
- How Do We Return to the Good?
4CAFTA The Good News
- El Salvador, Honduras Nicaragua Have
Implemented CAFTA - Guatemala Joining June 1
- Thanks to CAFTA, the region is experiencing
growth this year in key categories - Swimwear Exports on Rise
- Footwear Exports Up Double Digits from Some
Countries - Luggage/Briefcase Exports Up
5CAFTAThe Good, the Bad,and the Ugly
- The Good News
- The Bad News
- The Ugly
- How Do We Return to the Good?
6CAFTA The Bad News
- Almost Two Years After Agreement Signed, Only
FOUR countries have joined CAFTA - Implementation Delays
- Co-Production/Retroactivity Issue
- Washington is Calling
- Continued Uncertainty Also Caused by
- Last-Minute Deals in Washington
- Pocketing Fabrics
- Socks
- Technical Problems
- Cumulation
7CAFTA The Bad News
- Almost Two Years After Agreement Signed, Only
FOUR countries have joined CAFTA - Implementation Delays
- Co-Production/Retroactivity Issue
- Washington is CallingAnd Saying No More CAFTA
- Continued Uncertainty Also Caused by
- Last-Minute Deals in Washington
- Pocketing Fabrics
- Socks
- Technical Problems
- Cumulation
8Average Duty Collected on U.S. Apparel Imports
from El Salvador 2005-2006
Source U.S. International Trade Commissions
Trade Dataweb
9CAFTA The Bad News
- Almost Two Years After Agreement Signed, Only
FOUR countries have joined CAFTA - Implementation Delays
- Co-Production/Retroactivity Issue
- Washington is CallingAnd Saying No More CAFTA
- Continued Uncertainty Also Caused by
- Last-Minute Deals in Washington
- Pocketing Fabrics
- Socks
- Technical Problems
- Cumulation
10CAFTA The Bad News
- Almost Two Years After Agreement Signed, Only
FOUR countries have joined CAFTA - Implementation Delays
- Co-Production/Retroactivity Issue
- Washington is CallingAnd Saying No More CAFTA
- Continued Uncertainty Also Caused by
- Last-Minute Deals in Washington
- Pocketing Fabrics
- Socks
- Technical Problems
- Cumulation
11CAFTAThe Good, the Bad,and the Ugly
- The Good News
- The Bad News
- The Ugly
- How Do We Return to the Good?
12U.S. Apparel Imports from CAFTA Region
Source OTEXA, U.S. Commerce Department
13U.S. Apparel Imports from CAFTA Region
Source OTEXA, U.S. Commerce Department 2006 is
an annualized figure based on Jan-Mar 2006
imports.
14U.S. Apparel Imports from CAFTA Region
Source OTEXA, U.S. Commerce Department
15U.S. Textile Exports to CAFTA Region
Source OTEXA, U.S. Commerce Department
16CAFTAThe Good, the Bad,and the Ugly
- The Good News
- The Bad News
- The Ugly
- How Do We Return to the Good?
17CAFTA Returning to the Good
- Most problems resolved when ALL countries join
CAFTA - AAFA and Others Pushing Congress for Temporary
Fix - Finish Pocketing Negotiations as Soon As Possible
Work for Congressional Passage - Implement Cumulation ASAP
18Thank You!
American Apparel and Footwear Association 1601 N.
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