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Related Keywords: apparel produced in Southeast Asian country, Chinese textile mnaufacturers, for the United States market, leading exporter of clothing, major importer of fabrics, struggling to cope with international demand, Trans Pacific Partnership agreement, Vietnam beocming a hot spot, weak domestic production, will be tariff free

With the conclusion of Trans-Pacific Partnership agreement, the apparel produced in the Southeast Asian country for the United States market will be tariff-free. This has enticed Chinese textile manufacturer to Vietnam which is turning into a hot spot as it has become a major importer of fabrics and a leading exporter of clothing. But weak domestic production has left local companies struggling to cope with international demand.

Related Keywords: although textile and apparel chapter, bra, excluded from the yarn-forward ROO, impact Bangladesh garment and textile sector, Infants' wear, outwear, privilege of lower or zero tariff, programmed with strict yarn-forward rule of origin, ROO, suits and dresses, Trans Pacific Partnership agreement

Under the Trans-Pacific Partnership (TPP) agreement which concluded recently although the textiles and apparel chapter of the agreement is programmed with a strict yarn-forward rule of origin (ROO), it is certain that the 12 TPP countries will have the privilege of lower or zero tariff for exporting goods to member countries which is likely to impact the garments and textile sector in Bangladesh.

Mostly the high-duty items under the current import duty structure will come under risk against the preferential duty advantage to be enjoyed by other TPP countries exporting to the USA.