Home breadcru News breadcru Association/Org breadcru ABIT-China textile agreement includes eight categories

ABIT-China textile agreement includes eight categories

14 Feb '06
2 min read

According to Pimentel, just as important as the celebration of the Agreement is its implementation, to avoid any time gap and consequent shipment races. The Ministers from both countries shall sign the final text of the Agreement in 30 days.

'It is necessary to make it very clear that this Agreement is temporary, running until 2008, and that during this period we must accelerate changes in industrial and tax policy. Our companies are competitive, but we must lower interest rates, reduce the tax burden, invest in infrastructure, among other obstacles that rob our competitiveness,' concludes Pimentel.

Brazilian Textile and Apparel Industry Association

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