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Columbia Textile Industry Appeals To Face Up To Smuggling Problem

2011/2/25 17:15:00 72

Textile Industry

The Columbia textile and garment industry urges the government to deal with more and more smuggling trade, because smuggled goods now account for 30% of the national garment sales in Columbia.


Columbia national fashion

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EduardoBotero, President of the Association (NationalInstituteforExportsandFashion), said that the Republic of Costa Rica should solve the problem of smuggled goods once and for all, and the government should also provide relevant solutions.


President Botero added that tough measures such as sentence imprisonment and more rigorous customs inspection are necessary tools, and the association will cooperate with each other to end rampant smuggling.


As the price of materials in the world cotton and other highlands has skyrocketed, the textile industry in Columbia has been in the predicament of rising costs. Botero president pointed out that Combating Smuggling is an urgent task for the Costa Rican textile industry at this critical moment.


China's rising labor costs make Latin America the United States.

Garment enterprises

Industry is a more attractive source of procurement.

President Botero said that Columbia's textile industry is innovative and sound, which should attract more foreign capital from the United States. The Costa textile industry also produces high value-added clothing, which is enough to compete with the Central American countries enjoying the low tariff costs of the Central American Free Trade Agreement (DR-CAFTA).


Botero president himself boasts Columbia 2011

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It is expected to grow by 20%, and domestic consumption will also have 4% growth potential. Salin's textile industry will be a strong year.


Although Columbia has been exported to the largest market in recent years, Venezuela is showing signs of decline. Thanks to the enhanced performance of the export of Ecuador, Peru, Mexico and the United States, the export of textile industry in Columbia reached 1 billion US dollars in 2010, while sales in the local market amounted to US $10 billion.

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