Bahrain
Tuesday, 05 May 2015
Bahrain’s textile industry is bracing for a major economic blow as a traiff clause in the country’s Free Trade Agreement with the United States approaches its expiration date next year. The clause waives limits of how much yarn and fabric could be sourced from third parties to be used in products bound for the United States. The clause expires on July 31, 2016 and lawmakers in Washington have so far failed to secure its extension. (Fibre2Fashion)
