Mexican footwear association issues TPP warning - footwearbiz: Leading

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Mexican footwear association issues TPP warning

05/10/2016
Mexican footwear association issues TPP warning
The CICEG footwear industry association in the Mexican state of Guanajuato has warned that the country’s shoe exports to the US are likely to suffer because of the Trans-Pacific Partnership (TPP) trade agreement, which would give preferential market access to countries like Vietnam.

CICEG released a study entitled ‘The effects of TPP on the footwear industry in Mexico’, which examined the risks the TPP poses to the country’s footwear exports. It listed 16 proposals to increase the sector’s competitivity in the event of the agreement being formally ratified. Among these proposals was a plan to boost competitivity through technological innovation, financial incentives and government funding. 

“We are working with the government, academic institutions, research centres and our partners to generate the conditions that will allow the Mexican footwear industry to remain competitive,” said CICEG president, Javier Plasencia Reyes.

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