While the free trade agreement (FTA ) with the United States allowed Peruvian textile tariff benefits, failure to renew the Andean Trade Preference Agreement (ATPDEA) for Colombia, Ecuador and Peru could affect textile exports indirectly.
Reaño According to Martin Vera, manager of the Textile & Apparel Committee the National Society of Industries (SNI), sales of yarn and fabrics to Colombia and Ecuador would fall not to renew the ATPDEA .
"Not being covered with these preferences, they, especially Colombia, require less fabric and yarn, which used to make clothing and sell to the United States," said union representative.
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Peruvian SMEs may also be affected by the end of the ATPDEA, since some processes of this scheme are simpler than those of NAFTA.
"With the ATPDEA yarn could be used in any NAFTA country and its source must be American or Andean region," says Ysabel Segura, ADEX manufacturing manager.
According to the guild export, industry sales to the United States amounted to U.S. $ 689 million in 2010.
Via ADEX
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