AAMA-TEX 2014 - THE ONE-STOP SOURCING HUB FOR THE LATEST PRODUCTION TECHNOLOGY, MACHINERY & ACCESSORIES

The export volume from the 10 key markets of South and South-east Asia combined, currently rivals that of China.



TRANS-PACIFIC PARTNERSHIP (TPP)

  • Asia-Pacific Regional Free Trade Agreement between the USA and 10 partners - Australia, Brunei, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam
  •   Eliminate tariffs on imports within TPP countries

    TPP'S POSITIVE IMPACT ON THE APPAREL & TEXTILE INDUSTRIES OF VIETNAM & MALAYSIA

  • Zero tariffs would sharply increase export of apparel into the USA
  • Zero tariffs would make Malaysian textile & apparel products more competitive and Vietnamese ones even more competitive
  • Expand markets at zero tariffs for apparel to other TPP countries
  • Yarn Forward Rule of Origin would increase FDI in yarn spinning, weaving to fabric formation, dyeing and the final garment assembly and shift production from Cut-Make-and-Trim (CMT) to free-on-board (FOB)
  • Increase opportunities for suppliers to the whole apparel & textile industry value chain – materials, fabrics, textile machinery, apparel machinery, garment accessories etc.
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