Mar 16
19
How will TPP Benefit the Malaysian Textile Sector?
MKMA had conducted a technical analysis talk on 19 March 2016, 10.00am at MKMA Serminar Hall, Batu Pahat, Johor. MKMA President Mr Tang Chong Chin briefed the participants on the technical requirements under the textile & apparel chapter of the TPPA.
The major topics covered are as below:-
Part A – Rules of Origin
1. Yarn forward
2. Sewing Thread Requirement
3. Short Supply List
4. Single Transformation
5. De Minimis
Part B – Market Access
1. Tariff/Duty Elimination Time Table
2. Tariff/Duty Elimination Schedule(HS Code)
The talk aim to help its member to understanding and tape into the advantage of TPPA, especially on Textile & Apparel market access into TPPA Countries. Apart from direct exporters, the players in the whole supply chain and intermediate suppliers also need to be familiar with the rules, in order to benefit from TPPA.
Detail slide information can be view here: TPPA Briefing 19Mar2016
According to studies, the textile and apparel industry will be the winner of the TPPA which creates opportunities for the whole supply chain of the industry.