RP pleads for garment sector in US
Posted by akosistella on March 8, 2010
MANILA, Philippines – Representatives from the Philippine government are now in Washington DC to plead with the US Congress to fast track the Save Act which is expected to help the local garments industry.
In an interview before heading to the United States, Trade Undersecretary Elmer C. Hernandez said that they are asking the Congress to pass the bill on time because the country will lose competitiveness if the bill is delayed further.
Hernandez said that they have been in consultation with local garments exporters who said that they will only expand their investments here if the bill is passed in the US. Likewise, Hernandez feared that some current investors will leave to more attractive investment destinations.
Click Philippine Star.