Trans-Pacific Partnership endorsed by the National Council of Textile Organization

By

Dani Greene

Published
Jan 27, 2016

On January 20, 2016, the National Council of Textile Organizations (NCTO) announced its official support of the Trans-Pacific Partnership (TPP) free trade agreement. Prior to approving the TPP free trade agreement, the NCTO conducted extensive analyses to ensure that the terms of the agreement were aligned with NCTO goals.

 
“Due to the inclusion of Vietnam and other major textile and apparel exporting countries, the TPP agreement is the most significant trade policy initiative to confront the U.S. textile sector over the past 25 years,” stated Jeff Price, NCTO Chairman and President of the Specialty Fabrics Division at Milliken and Company.

“As such, it was critical for our government to produce a final agreement that appropriately reflected the needs of U.S. textile manufacturers and the hundreds of thousands of workers we employ nationwide. We believe that the agreement concluded late last year in Atlanta meets our core objectives and is worthy of our full support.”

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The U.S. textile and apparel industry produces over $70 billion USD in annual output and employs approximately 500,000 individuals nationwide. The NCTO strives to mobilize support for the U.S. Textile Industry by ensuring that the entire spectrum of textiles, from fibers to finished products, has a voice in policies and regulations.