Hagan Submits Amendment to Extend Nicaragua Duty-free Apparel Program
Sen. Kay Hagan, D-N.C., submitted an amendment to H.R. 3474 (here) on May 14 that would extend a duty-free apparel program with Nicaragua. The program is due to expire at the end of the 2014 calendar year. The Hagan amendment…
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would extend the program for 10 years from Jan. 1, 2015. Many industry officials staunchly support the program, claiming its expiration will devastate supply chains (see [14050223]). The program permits initial duty-free import of up to 50,000 square meter equivalents of eligible apparel articles for the 2015 calendar year, but allows for increases in subsequent years. The program was originally put into law through the Central America-Dominican Republic Free Trade Agreement.