subject: Clothing Enterprises To Set Up Factories There Are Business Opportunities In Eastern And Southern [print this page] Recently, the reporter learned from the Municipality for the development of Chinese garment enterprises go out of business, and effectively avoid the European Union, the United States set up in all kinds of textile exports threshold. Ministry of Commerce of the local investment environment and market potential, comprehensive appraisal and evaluation, based on the development of "areas in the southeast African textile and garment processing trade, investment categories Catalogue of the country." Kenya, Ethiopia, South East Africa, 6 countries as to encourage Chinese enterprises to develop textile and garment apparel processing trade in key regions. Municipality experts believe that the Shenzhen garment enterprises should make use of the above-mentioned countries and the African Community Customs Union, as well as with the European Union, the United States preferential trade arrangements, to more potential in the international market to find new profit growth point.
Processing trade of spare parts special low import tariffs
It is understood that the South East Africa, a total of 25 countries and regions, with a total population of 280 million, the annual total of more than 100 billion U.S. dollars of foreign trade. Governments in the reduction of tariffs, tax breaks, relaxed foreign exchange controls and adopt a series of effective measures, especially for manufactured goods imports higher taxes, lower taxes on imported spare parts tariff policies are conducive to the development of processing trade . In addition, the most attractive also to the southeast African country and the United States, the European Union signed a series of preferential trade arrangements between countries also signed a variety of regional trade liberalization agreements.
The Ministry of Commerce, "directory" can be recommended to carry out textile and apparel processing trade focus countries are: Kenya, Ethiopia, Madagascar, Lesotho, Namibia and Botswana.
6 countries in the hands of the "ball," the highlight of each
In 6 countries, the basic sound investment regulations in Kenya, more than 30 laws and regulations to protect the interests of foreign investors. More than 100 existing textile and garment factories, mostly from foreign investment. Abundant labor resources, high-quality, 0.65 U.S. dollars per hour average wage of workers has improved labor laws and regulations of the employment system.
China garment factory in Ethiopia, can enjoy the World Trade Organization, the United States, "Africa Growth and Opportunity Act," the EU "Cotonou Agreement", Common Market for Eastern and Southern Africa, East African Community and other preferential trade arrangements. At present, China and the investment protection agreement signed.
Cotton is the most popular construction projects in Madagascar. The country to foreign investment with open arms, and to provide duty-free zone export enterprises can enjoy the profits tax within the prescribed time limit waiver, the project equipment and materials import tax, customs duties, excise tax relief, and the export incentives such as exemption from export duties.
In addition, Chinese enterprises in Lesotho, Namibia, Botswana 3 areas, as there are many state-owned.
Products into the U.S. market free-rider
Shenzhen textile and apparel enterprises to seize and take full advantage of these opportunities? Shenzhen Garment Industry Association, Chen Yongfang analysis that the current European and American market nearly saturated, and competition. Take the trade with the U.S., the China's product exports to the U.S. has quotas, tariffs and now seething with anti-dumping disputes, business has increased significantly and exports. If Shenzhen enterprises invest and build factories in the Eastern and Southern Africa, then the product can be produced using the U.S. "African Growth and Opportunity Act" preferential tariff-free quota-free access to the U.S. market, not only to avoid a lot of export obstacles, also greatly enhanced products in Shenzhen competitiveness in international markets. Shenzhen textile and garment enterprises should seize this opportunity, as soon as possible to develop a broader international market. Chen Yongfang also remind the business, despite the "directory" has advanced guard, but enterprises must make investment decisions prior to the specific circumstances of the project feasibility study for a more targeted.
Clothing Enterprises To Set Up Factories There Are Business Opportunities In Eastern And Southern
By: mumu
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