‘Yarn forward’ gives big boost to US textile exports
07/03/2014
The North American Free Trade Agreement (NAFTA), which the US has shared with its neighbours Mexico and Canada since 1994, makes detailed provisions for trade in textiles and apparel, with ‘yarn forward’ as the main principle for its rules of origin. It means that the yarn used to make fabric must originate in a NAFTA country.
It’s on this basis that Canadian outdoor apparel brand Gildan recently announced investments worth around $250 million in total in two new yarn-spinning facilities in North Carolina. The new facilities will create approximately 500 new jobs in the region.