Related Keywords: Important element of TPP, ITA, mixed bunch, specific implication for China, Textile and apparel section of TPP, textile manufacturing businesses, US and Japan capable of producing fine luxurious products, Vietnam and Malaysia, Vietname dependent on sourcing lower quality products, yarn forward agreement
An important element of the Trans-Pacific Partnership (TPP) trade bloc, the 'Yarn Forward' agreement - a component part of the Textiles and Apparel section has very specific implications for China, Vietnam and Malaysia. Under this provision, only yarn made by TPP members may be sold onto the TPP markets, which includes producers and consumers such as the United States and Japan.
