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Fabric Mill Products Apparel
 

Fabric Mill Products Apparel

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    Fabric Mill Products Apparel Fabric Mill Products Apparel Presentation Transcript

    • CAFTA A CLOSER LOOK H.E. Ren é A. León Ambassador of El Salvador to the United States of America The Central American Free Trade Agreement
    • Who are the CAFTA partners?
      • The United States of America
      • and Central America:
          • El Salvador
          • Guatemala
          • Honduras
          • Nicaragua
          • Costa Rica
      An additional partner will be added: Dominican Republic
    • Why CAFTA makes sense?
      • Because we are strong trade partners
        • The total trade between the US and Central America amounted $23.2 billion in 2003.
        • If we include Dominican Republic along with Central America, the total trade amounted $31.9 billion in 2003.
      US trade with CAFTA & DR
    • CAFTA will increase North Carolina exports to Central America
        • Figures in thousands of dollars
      • Currently, without Duty Free access North Carolina exports $1.4 billion to Central America (CAFTA)
    • North Carolina is doing business in Central America!
      • Sample of successful businesses:
        • AMERICAN & FRID / HILOS A&E (Yarns and threads)
        • BLUE BELL
        • CONTINENTAL AFA DISPENSING CO.
        • MERRIMAC INDUSTRIES INC.
        • PRECISION CONCEPTS INC.
        • SARA LEE PROD. CORP. / INDUSTRIA TEXTILERA DEL ESTE, (Apparel)
        • VF CORPORATION
        • WESTSTAR MEDICAL CO.
        • PARKDALE (Yarns)
        • AVONDALE (Yarns)
    • CAFTA will increase North Carolina exports to CAFTA & DR
        • Figures in thousands of dollars
      • Currently, North Carolina exports $1.7 billion to Central America and the Dominican Republic (D-CAFTA)
    • CAFTA is strategic for the US textile industry
      • US textile exports to CAFTA countries are growing
      -15% 16% $17 million $62 million $20 million $54 million VIRGINIA Fabric Mill Products Apparel 7% $132 million $123 million SOUTH CAROLINA Fabric Mill Products 30% $620 million $475 million NORTH CAROLINA Fabric Mill Products -2% $192 million $195 million GEORGIA Fabric Mill Products 42% $80 million $57 million CALIFORNIA Fabric Mill Products 57% $121 million $77.4 million ALABAMA Fabric Mill Products % CHANGE 2002-2003 EXPORTS 2003 EXPORTS 2002 STATE
    • CAFTA will keep competitive the US Vrs. China in a quota-free world
        • CAFTA’s apparel exports to the US are made with more than 90% of US inputs (yarns, fabrics, sewing threads, trims, packaging, linings), compared with apparel imports from China whose industries use none US components.
        • In a world post 2005, CAFTA will help the US textile and apparel industry to be competitive vis a vis non-quota exports from China, India, Pakistan, Vietnam, and others. CAFTA provisions such as: Cumulation, De-minimis, Yarn forward, Short supply, Special provisions for woven fabrics, are critical to US industry competitiveness, and for US exports to the region.
      • D-CAFTA is the 2nd largest buyer of US textiles in the world
        • 90 percent of apparel exports from CAFTA to the US are made with US yarns.
        • 80 percent of apparel exports from CAFTA to the US uses US fabric.
        • 90 percent of apparel exports from CAFTA to the US contains US sewing threads .
      Why CAFTA is a good agreement for the US textile industry?
    • Why CAFTA makes sense?
      • Because we are strong trade partners
        • The US is the most important trading partner for every Central American country, and for the region as a whole.
        • US companies’ exports to Central America are higher than those to Spain, Israel, Eastern Europe or Egypt.
        • US exports to Central America are equivalent to those to Russia and India combined.
        • US imports from Central America are larger than those from Argentina, Chile or South Africa.
        • 50% of Central American imports are originated in the US, while almost 50% of our region’s exports are destined to the US.
    • CAFTA is a great market for US exports
      • A larger market than Australia:
        • Total U.S. exports to Central America and DR in 2003 were $15 billion, while total U.S. exports to Australia during the same year totaled only $12.5 billion
        • For textile product exports, the DCAFTA countries are the 2nd largest buyer of US textile goods totaling $4.3 billion behind Mexico at $5.3 billion. Canada is in third place with $3.5 billion.
    • Why North Carolina textile industry is a CAFTA winner?
      • D-CAFTA is the 2nd largest buyer of US textiles
        • North Carolina exports of Fabric Mill Products to D-CAFTA are growing: $475 million (2002) and $620 million (2003).
        • North Carolina exports of Fabric Mill Products grew 30% in one year (2002-2003)
        • States like North Carolina will be able to increase their benefits in exporting to the D-CAFTA countries under a free trade agreement.
    • Who Benefits From CAFTA?
      • U.S. Textile and Apparel Industry
        • U.S. cotton growers and fiber producers
        • U.S. yarn spinners
        • U.S. fabric manufacturers
        • U.S. apparel manufacturers
      • U.S. Farmers
        • Animal feed producers
        • Grain producers: wheat, corn, soybeans.
        • Poultry and pork producers
        • Fruit and nuts producers: apples, grapes, strawberries.
      • U.S. High-tech and IT Companies
      • U.S. Service Providers
        • Banks, insurance companies, transportation
      • U.S. Investors
        • More business opportunities, better business climate, stronger IPR protection, predictability.
      • U.S. Tourism Industry
      • U.S. Consumers
    • Who sees in CAFTA a good business opportunity?
      • Industries supporting the agreement:
        • Recording Industry Association of America
        • Information Technology Industry Council
        • Telecommunications Industry Association
        • International Intellectual Property Alliance
        • Distilled Spirits Council of the United States
        • National Corn Growers Association
        • U.S. Grains Council
        • U.S. Apple Association
        • California Table Grape Commission
        • National Potato Council
        • American Soybean Association
        • Northwest Horticultural Council
        • Grocery Manufacturers Association
        • Pet Food Institute
        • United States Chamber of Commerce
        • National Association of Manufacturers
        • Coalition of Service Industries
        • National Cattlemen's Beef Association
        • National Pork Producers Council
        • National Chicken Council
        • USA Rice Federation
        • USA Poultry and Egg Export Council
        • National Turkey Federation
        • U.S. Dairy Export Council
        • American Insurance Association
        • American Council of Life Insurers
        • Travel Goods Association
        • The Air Courier Conference of America
        • Motion Picture Association
    • US companies doing business in Central America
        • 3 COM CENTROAMERICA, 3M, ABBOTT LABORATORIES, ACE INDUSTRIAL HARDWARE, CO., AEROPOST / AEROCASILLAS S.A., AES CORPORATION, AGROTEC ANALYTICAL LABORATORIES, ALCON LABORATORIES, AMERICAN & FRID / HILOS A&E DE C.R., AMERICAN AIRLINES, AMERICAN APPAREL CORP., AMERICAN HOME ASSURANCE CO., AMERICAN INTERNATIONAL GROUP, AMWAY CORP, ANIXTER INC., ARROW CO., ARTMARINA, ASSA INTERNATIONAL CORP., AT & T, ATENTO HOLDING, ATOM MFG. CO., INC., AVENT, AVENTIS PHARMA FRANKFURT / BRIDGEWATER, AVIS RENT A CAR, AVON PRODUCTS INC., BASF CORPORATION, BAXTER PRODUCTOS MEDICOS LTDA., BEARCOM USA, BELLSOUTH , BERLITZ LANGUAGE SERVIES, BLH ELECTRONICS / PHAROS DE C.R., BLUE BELL DE HONDURAS, BOLIVAR TRADING HONDURAS, BOURNS INC. / TRIMPOT ELECTRONICAS, S.A., BRIDGESTONE FIRESTONE, BRIGHTSTAR CORPORATION, BRISTOL-MYERS SQUIBB, BURGER KING, C & K COMPONENTS S.A., CARGILL COTTON, CARRINGTON LAB. / SABILA INDUSTRIAL, CARTER, WILLIAM, CO., THE CARTEX MANUFACTURERA, S.A., CATERPILLAR AMERICAS, CELTEL, CENTROAMERICANA CIGARS, CENTURY 21 REAL ESTATE CORP., CHALLENGE AIR CARGO, CHARTER TRADING CORPORATION / SERCOM TELECOM. SYSTEMS S.A., CHESTNUT HILL FARMS, CHIQUITA BRANDS INTERNATIONAL, CHUCKEE CHEESE PIZZA, CID GALLUP, CISCO SYSTEMAS, CITIBANK, N.A., COCA COLA COMPANY, COLGATE PALMOLIVE, COMIDAS ESPECIALIZADAS, COMPUTER ASSOCIATES/ DATANET, INTERNACIONAL, S.A., CONAIR / BABYLISS, CONTINENTAL AFA DISPENSING CO., CONTINENTAL AIRLINES, COOPERS ELECTRONIC TECH., COPHER BROTHERS INC., CROWLEY AMERICAN TRANSPORT, CROWN CORK & SEAL CO., CSI LATINA FINANCIAL, CUTLER HAMMER, DEL MONTE FRESH PRODUCE, DELOITTE & TOUCHE, DELTA AIR LINES, INC., DEVAN HOUSTON / CONFECCIONES IMPERIO, DHL, DIAL CORPORATION, DODONA S.R.L. / AMNET, DOLE FRESH FRUIT INTERNATIONAL, DOMINOS PIZZA, DUKE ENERGY, DUNKIN' DONUTS, ECOLAB, EDELMAN PUBLIC RELATIONS/ MULTIMEDIOS G.C., EL PASO TECHNOLOGY, ELI LILLY AND COMPANY, ENRON GLOBAL POWER, EQUIFAX, ERNST & YOUNG GLOBAL, EXPESCA, S.A., EXXON CO. (ESSO STANDARD), FEDERAL MOGUL DE FEDEX, FINE AIRLINES, FING’RS FOOTE CONE & BELDING, FRANKLIN COVEY TM, FRUIT OF THE LOOM, GBM / IBM, GENERAL ELECTRIC CENTROAMERICA, GENERAL NUTRITION, GEO J. BALL INC. / LINDA VISTA ,S.A., GILDAN ACTIVEWEAR, GLAXO SMITHKLINE, GLOBAL CROSSING, GOLDSMITH SEEDS, INC., GOOD YEAR TIRE & RUBBER CO., GTE DIRECTORIES CORP. / VERIZON, H.B. FULLER CO. - FULL PRODUCTS, H.J. HEINZ CO. / ALIMENTOS HEINZ DE C. R., S.A., HANNOVER FOODS, INC. / ALIMENTOS CONGELADOS MONTE BELLO, HERTZ, COMFORT HOTELS, HAMPTON INN,MARRIOTT…
    • Let’s do business!
      • Support North Carolina businesses
      • Support your partners in Central America
      • Support CAFTA!
      • Thank You!