Fashion

Mexico cautions Vietnamese textile exporters on info update

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Vietnam’s Ministry of Industry and Trade (MOIT) recently made public a cautionary note from Mexico that the latter may deny preferential tariffs to consignments already issued with a Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) certificate of origin (C/O) if the exporter has not registered or updated required trader information.

The ministry’s export and import department notified C/O-issuing organisations and the Vietnam Textile & Apparel Association (VITAS) of the need for textile and apparel exporters to Mexico under the CPTPP to register and update trader information.

Under the Vietnam-Mexico bilateral Textile and Apparel Monitoring Programme within the CPTPP, exporters must register and update trader information on exports of textiles and apparel to Mexico.

Vietnam recently made public a cautionary note from Mexico that the latter may deny preferential tariffs to consignments already issued with a CPTPP certificate of origin (C/O) if the exporter has not registered or updated required information.
A review showed that many textile-apparel exporters to Mexico have obtained CPTPP C/Os, but have not carried out the registration and updates.

A review showed that many textile and apparel exporters to Mexico have obtained CPTPP C/Os, but have not carried out the required registration and updates, a domestic media outlet reported.

The department also urged VITAS to inform members about the monitoring programme requirements and Mexico’s note.

Fibre2Fashion News Desk (DS)



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