Posts Tagged ‘CAFTA-DR’

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How New Legislation will Support Our Textile Industry

October 9, 2012

Kim Glas is the deputy assistant secretary for textiles and apparel within the International Trade Administration’s Import Administration division.

Deputy Assistant Secretary Kim Glas and Under Secretary Francisco Sanchez tour Unifi's sewing thread manufacturing facility in Yadkinville, North Carolina on October 9, 2012.

Deputy Assistant Secretary Kim Glas and Under Secretary Francisco Sanchez tour Unifi’s sewing thread manufacturing facility in Yadkinville, North Carolina on October 9, 2012.

I am visiting North Carolina today with the Under Secretary of Commerce for International Trade Francisco Sánchez to see first-hand two state of the art textile companies – Unifi and A&E. Recently, President Obama signed into law an important set of technical fixes to the U.S.-Dominican Republic-Central America (CAFTA-DR) Free Trade Agreement that will have a direct impact on jobs at these two companies and sewing thread manufacturers across this state and country.

When the Agreement with our Central American neighbors was negotiated in 2003, there was a definitional loophole that incentivized the use of non-U.S. sewing thread in the assembly of textile and apparel products. As a result of this loophole, U.S. sewing thread manufacturers have seen their business and employment shrink. The Obama Administration immediately set out to address a problem that severely impacted U.S. sewing thread manufacturers.

After years of hard work, President Obama recently signed legislation to close a loophole that has jeopardized businesses and jobs in the U.S. As a result, on Saturday, October 13th, these fixes will be implemented and will have a direct impact on many sewing thread manufacturers in North Carolina. We have every expectation that once the legislation is implemented that U.S. sewing thread producers like Unifi and A&Ewill be able to recapture market share in the critical market.

This is a prime example of what can be accomplished when industry, Congress, and the Administration work toward a common goal.

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Standing Room Only at ACF

November 15, 2010

This post contains external links.  Please review our external linking policy

Francisco J. Sánchez is the Under Secretary of Commerce for International Trade

Today, more than 800 leaders from across the Western Hemisphere engaged in standing room only plenary sessions, bi-lateral meetings and panel discussions.

Under Secretary Sanchez opens the Fourth Annual Americas Competitiveness Forum with U.S. Commerce Secretary Gary Locke and Atlanta Mayor Kasim Reed

Under Secretary Sanchez opens the Fourth Annual Americas Competitiveness Forum with U.S. Commerce Secretary Gary Locke and Atlanta Mayor Kasim Reed

The Fourth Annual Americas Competitiveness Forum has delivered on its promise to promote global competitiveness across the region.

The day began with an opening ceremony hosted by Secretary of Commerce Gary Locke and Atlanta Mayor Kasim Reed.  Education was a common theme among all countries in attendance as we continue to work together to prepare our workforce.

Bi-laterals followed including a CAFTA-DR meeting. While it has been a long day, the momentum is still high as we prepare for tonight’s official ACF dinner.

I look forward to the new opportunities tomorrow’s ACF will bring.

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