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TPP Impact on Vietnam and Bangladesh (Statistical Report)

2015-01-27 14:05:20| EmergingTextiles.com

The ongoing TPP negotiations are expected to offer Vietnam's apparel exports a duty-free access to the US market. Depending on rules of origin which will be eventually decided, impact will be different for the global clothing market and for textile exporters in Asia, as reflected by a just released study by Standard Chartered Research. The fate of Bangladesh apparel industry is also depending on these negotiations, as Vietnam has become its strongest and direct rival on the global market. Standard Chartered has released its statistical forecast for the coming 10 years, with two scenarios, depending on the more or less flexible rules of origins.

Tags: report impact vietnam statistical

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