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National Textile Association to Negotiators: "We need access to foreign yarn or we must oppose CAFTA."

Boston, December 12, 2003 -- The Board of Directors of the National Textile Association, the largest association of fabric-forming companies in the U.S., at the 149th Annual Meeting of the Association last month in Florida, adopted the following POSITIONS REGARDING THE U.S.-CENTRAL AMERICA FREE TRADE AGREEMENT (CAFTA).

We strongly emphasize the necessity, from NTA’s point of view, of inclusion of “Special Regime” in the agreement. Without this provision U.S. fabric makers would not be able to utilize CAFTA effectively. To large degree the remaining U.S. textile industry jobs are in fabric formation. These companies need this provision, already in NAFTA, in order to remain competitive in our markets.

The National Textile Association represents companies who knit or weave fabric in the United States. For more information about NTA, see our website www.nationaltextile.org.