The chamber is considering a deal with NCC in which the former purchases US-made processed cotton and exports the final garment product back to the United States. It expects a lower tariff, zero per cent if possible, through this scheme, according to KADIN chief Anindya Bakrie.
Indonesia’s Chamber of Commerce and Industry is lobbying the US National Cotton Council (NCC), hoping to help the former’s garment exports enjoy the lowest US import tariff possible.
It is considering a deal with NCC in which the former purchases US-made processed cotton and exports the final garment product back to the US.
It also requested NCC to help lobby the US government through the USTR.
Bakrie discussed the proposal while meeting NCC vice president Robbie Minch in Washington D.C. recently.
He also requested NCC to help lobby the US government through the US trade representatives (USTR).
Bakrie is optimistic for open cooperation opportunities with NCC though US-made cotton is facing stiff competition against China and Brazil, an Indonesian news agency reported.
A balanced trade will enhance export opportunities for Indonesia-made garments, footwear and electronics to the United States, he said.
“This will not only support business growth but also benefit entrepreneurs and factory workers across the country,” he added.
Fibre2Fashion News Desk (DS)
