2000News

DR quota allotments for textile parity law

The Dominican Republic received the largest share of quota allotments contemplated in the Caribbean Basin Trade Partnership Act (CBTPA), as reported by David Lewis in the Manchester Trade’s CBTPA 2000 Update of August 1, 2000. The CBTPA provides unlimited duty-free access for Caribbean Basin Initiative apparel produced from US fabric. It also contains a special quota allocation to ship duty-free a limited amount of CBI apparel produced from CBI fabric and US yarn. Daniel Liranzo-Consejo Nacional de Zonas Francas represented the Dominican Republic in the talks. According to the update, the allotments agreed upon in Washington, D.C. on 17 July were as follows: The year-1 quota allocation for 250 million square meter equivalents (SMEs) for knitted apparel (except socks and t-shirts) from US yarns, or cut and assembled knitted apparel from one or more CBI countries using US yarn, with an allowance for 16% annual growth: Dominican Republic – 18.1339% (45,334,750 million square meters) CARICOM/Haiti – 4.9250% (12,312,500 million square meters) Costa Rica – 7.4761% (18,690,250 million square meters) Nicaragua – 1.9700% (4,925,000 million square meters) El Salvador – 21.3984% (53,496,000 million square meters) Guatemala – 19.3985% (48,496,250 million square meters) Honduras – 25.1981% (62,995,250 million square meters) Panama – 1.5000% (3,750,000 million square meters) The year-1 quota allocation for 4.2 million dozen t-shirts, with an allowance for 16% annual growth: Dominican Republic – 14.5% (609,000 dozens) CARICOM/Haiti – 5.0% (210,000 dozens) Costa Rica – 1.5% (63,000 dozens) Nicaragua – 4.0% (168,000 dozens) El Salvador – 20.7775% (872,655 dozens) Guatemala – 11.2225% (471,345 dozens) Honduras – 42.0% (1,764,000 dozens) Panama – 1.0% (42,000 dozens)