2nd Philippine Textile / Fabric Expo 2019
5 - 8 December, 2019, SMX Convention Centre, Manlia, Philippines
The 2nd Philippine Textile / Fabric Expo is the FIRST and ONLY textile, fabric and accessories exhibition in the Philippines
Potential from the US – China trade war
From the shift in production from China caused by the unstable trade conflict, the Philippines’ garment industry has become one of the most popular markets in Southeast Asia. Other emerging countries in Southeast Asia are already saturated due to increased wages, leaving little space and capacity for new production. The demand for fabric and accessories are expected to increase dramatically.
Favorable Trade Policy
The Philippines enjoys both of the US’s (GSP) and the EU’s Plus (GSP+) status, which grants full removal of tariffs to over two-thirds of tariff lines. As a member of ASEAN and WTO, the Philippines have ratified a number of regional free trade agreements to deepen economic integration in the region, including China (ACFTA), Korea (AKFTA), Australia - New Zealand (AANZFTA), Japan (AJCEPA), India (AIFTA) and European (EFTA). In addition, The US is the Philippines' main export market.
Why Philippines?
It is one of the beneficiary countries of the trade war between the US and China. The Philippines has a large domestic market - with a population of over 100 million, a large number of educated workers with various skills and strong export potential. Also, The Department of Trade and Industry (DTI) is targeting $1 billion in incremental investments, $3 billion in apparel exports and 600,000 jobs for textile industry.
To secure a good location and maximize the effectiveness of your participation, please contact Mr. Jason Chow in Hong Kong (Tel: +852 25117427, Fax: +852 25119692, Email: jason@cpexh.com, cpexh@yahoo.com, Wechat: cpexhibition) or our representative in your region immediately for space reservation and/or inquiries.
*如需中文信請按 此 或請聯繫香港周文傑先生，電郵 jason@cpexh.com
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