|
|
Article: Colombia holds its breath. (the clothing industry is wondering as to whether the U.S. will continue sanctions)
- Article from:
- WWD
- Article date:
- February 19, 1997
- Author:
CopyrightCOPYRIGHT 1997 Conde Nast Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
MEDELLIN, Colombia -- Colombian apparel manufacturers want the U.S. government to give them a break.
By March 1, the Clinton administration will likely announce whether to continue sanctions levied a year ago arising from Colombia's entrenched drug trade. In addition, U.S. lawmakers will start debating in the coming weeks a White House proposal that would put Colombian apparel makers at a huge competitive disadvantage in the region by granting Caribbean and Central American nations the same textile and apparel trade benefits granted Mexico under the North American Free Trade Agreement.
Both decisions come at a critical time for the apparel industry here. It ...