U.S. Textile Industry Objections to the Trade Agreement
James Morrisey, Washington correspondent for Textile World, notes (Korea Beef Concession Not Enough To Clear The Proposed FTA, April 22):
US textile manufacturers are opposed to the Korean agreement because Korea has a large, well-developed textile industry that already exports a significant amount of textiles and clothing to the United States, and unlike the case with some other FTAs, they do not see any market opportunities for US products. They also are concerned that the agreement, as currently written, does not provide for effective Customs enforcement. They point out that the Korean agreement could undercut some of the benefits of the Central America-Dominican Republic, Andean nation and North America FTAs, which they do feel are beneficial to US textile manufacturers.
