|
|
Article: U.S. Import Quotas Harm Costa Rican Textile Industry: Report
- Article from:
- Xinhua News Agency
- Article date:
- September 28, 1996
CopyrightCopyright 1996 Xinhua English Newswire. Provided by ProQuest LLC. (Hide copyright information)
|
United States import quotas have undermined the Costa Rican
textile industry, especially the underwear sector, causing a loss of
6,000 jobs, said Foreign Trade Ministry authorities.
The United States imposed on Costa Rica in June 1995 an annual
quota of 14.4 million dozens of underwear pieces with a yearly 6
percent increase.
"Quotas have prevented the growth of the textile industry and
affected investment in Costa Rica last year," said Anabelle
Gonzalez,
international negotiations director of the Foreign Trade Ministry.
A Textile Industry Chamber study shows 45 textile factories closed
during the first half of this year, 36 of them apparel manufacturing ...