CITA Reduces Nicaragua’s DR-CAFTA Apparel TPL
The Committee for the Implementation of Textile Agreements is reducing Nicaragua’s Tariff Preference Level for non-originating cotton and manmade fiber apparel under the Dominican Republic - Central America-U.S. Free Trade Agreement by 1,552,134 square meters equivalent.
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TPL Reduced as Nicaragua did not Meet Trouser Export Commitment
Effective July 1, Nicaragua’s 2010 TPL for non-originating cotton and MMF apparel is now set at 98,447,866 SME (from 100,000,000 SME). CITA said that the reduction of 761,138 SME is due to Nicaragua’s shortfall in meeting its one-to-one commitment for cotton and MMF woven trousers exported from Nicaragua to the U.S.
(In 2006, Nicaragua agreed that for each SME of exports of cotton and MMF woven trousers entered under the TPL, Nicaragua would export to the U.S. an equal amount of cotton and MMF trousers made of U.S. formed fabric of U.S. formed yarn. Any shortfall in meeting this commitment not rectified by April 1 of the succeeding year is applied against the TPL for the succeeding year. For 2012, the shortfall in meeting the one-to-one commitment is 1,552,134 SME.)