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US and Mexico has signed agreement on textile trade through Custom

US and Mexico has signed agreement on textile trade through Custom

Write: Theone [2011-05-20]

It is claimed by US Trade Representative Office that US trade representative- Susan Schwab and Minister of Mexico Commercial Ministry-- Eduardo Sojo have sighed a new cooperative agreement on textile trade through Custom on Jan.26, which involved the content about favorable tax treatment for some Mexico fiber made in Central America.

The main item in this new agreement is: Adhering to Domincan Republic-Central America Free Trade Agreement,DR-CAFTA, some Mexico garment made in Middle-United States can enjoy the favorable tariff.

US Trade Representative Office directed that following this agreement -- the first one for new trade, other agreements will also be signed in near future.