USFIA applauds Passage of Trade Preferences Bill in the US Senate

The United States Fashion Industry Association (USFIA) has applauded the bipartisan passage in the US Senate of the Trade Preferences Extension Act of 2015, which renews and extends several important programs for fashion industry. The legislation renews the African Growth and Opportunity Act (AGOA), Generalized System of Preferences (GSP), Haiti Preferences & Send to President Obama for Signature. Julia K. Hughes, USFIA President said, “We thank the US Senate for taking such quick action to pass the trade preferences legislation. In our recent benchmarking study of 30 leading brands, retailers, importers, and wholesalers, we found an urgent need to renew these programs quickly and for a long term.”