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TPP ‘yarn-forward’ clause likely to encumber Indonesian textiles

Related Keywords: all stage of manufacturing process, API, before joining TPP, boost industry readiness, downstream, Indonesian Textile Assoication, local textile industry, made using materials, more benefits than harm, sourced from member countries, structure upstream, TPP cut tariffs only for garment products, US led TPP, watch out yarn forward clause

The Indonesian Textile Association’s (API) advisory board chairman, Benny Soetrisno while speaking at the recent press conference said that the US-led TPP is likely bring more benefits than harm to the local textile industry, but there’s one thing that need to watch out when joining the Trans-Pacific Partnership [TPP], that’s the yarn-forward clause. Hence, the country has to boost the industry’s readiness at all stages of the manufacturing process.

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