It now appears that the Trans-Pacific Partnership (TPP) may actually come to pass.
Naturally garment industry professionals have jumped in to calculate just who will benefit from TPP and who will not.
Everyone agrees that Vietnam will be the big winner possibly followed Malaysia.
On the losing side, we have many to choose from. These are my choices:
- Thailand: While the garment industry is relatively small by global standards, this country is home to a major textile industry that will be frozen out of TPP countries. Better-late-than-never, the Thai Government is now looking into the possibility of joining.
- Indonesia: This country has both substantial garment and textile industries. Regrettably, this countries garment exports are in secular decline. Without TPP that decline will accelerate. Indonesia too is joining the TPP wannabes.
- India: This country is home to one of the world’s largest textile export industries. It also has a garment industry, which although doing relatively well faces serious long-term problems. TPP can be the tipping point to decline.
- Bangladesh: This country is home to one of the world’s largest garment industries. Nevertheless, it does face serious problems in compliance. Here too TPP can be a killer.
- DR-CAFTA: T-shirts account for more than 52% of all garment exports from this free trade area. Import tariffs More...
Today I received the following comment from one of my most active readers:
“Surprised. Just-Style comment “Towards an Asian sustainable development strategy” talks about India in Myanmar, without mentioning labour. Was the “labour” out of the sustainable topic or nothing new mentioned? As the strikes are out of favor as the decades long trend continue, would the increasing militancy go away in its own, or by conscious effort?
Hope the July 15 Webinar will have answers.”
The reader was referring to an article, recently published by Just-Style, perhaps the most influential internet journal in our industry.” http://www.just-style.com/comment/towards-an-asian-sustainable-development-strategy_id125332.aspx?utm_source=daily-html&utm_medium=email&utm_campaign=23-06-2015&utm_term=id90458″ title=”Towards An Asian Sustainable Development Strategy”>
Problems related to garment industry workers are very serious indeed. In many countries child labor is endemic, minimum wages either too low to allow for healthy diet or simply not followed. Excessive overtime without a weekly rest day occurs in many factories. Worker safety is too often ignored and worker rights non-existent. The number and serious nature of these problems is growing. Frankly the efforts on the part of governments and garment exporting organizations has all too often proven to be meaningless.
However, these are More...