Nearshoring textiles has been a success: Here’s how we can do even better


Source: thehill.com thehill.com

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The sounds of construction projects are echoing throughout the countries of Central America. Indeed, historic levels of private sector investment and sourcing commitments going into Central America have accelerated the two-way textile and apparel trade with the United States, reshaped global sourcing and simultaneously created more jobs and bolstered the region’s economies. The Dominican Republic-Central America Free Trade Agreement (CAFTA-DR) already helps to support more than 1 million jobs. Vice President Kamala Harris’ announcement this month highlighting $585 million in additional textile and apparel investments and sourcing commitments in Central America underscores the ongoing expansion of textile and apparel co-production...