Ad Hoc Group Supports Inclusion of NAFTA Countries in Any CAFTA Cumulation Provisions.Business Editors WASHINGTON--(BUSINESS WIRE)--Dec. 3, 2003 An ad hoc For this purpose. Meaning "to this" in Latin, it refers to dealing with special situations as they occur rather than functions that are repeated on a regular basis. See ad hoc query and ad hoc mode. group of retailers, apparel and textile companies met today and adopted the following agreements in principle. The group supports the inclusion of NAFTA NAFTA in full North American Free Trade Agreement Trade pact signed by Canada, the U.S., and Mexico in 1992, which took effect in 1994. Inspired by the success of the European Community in reducing trade barriers among its members, NAFTA created the world's countries within the cumulation provisions of any Central American Central America A region of southern North America extending from the southern border of Mexico to the northern border of Colombia. It separates the Caribbean Sea from the Pacific Ocean and is linked to South America by the Isthmus of Panama. Free Trade Agreement (CAFTA cafta see catha edulis. ). It also supports strict enforcement of rules against illegal trans-shipment, including severe penalties for countries failing to implement effective enforcement of these provisions. In addition, it supports the revision of NAFTA and the CAFTA partners' FTAs with Mexico and Canada to provide rules of origin for cumulation that are symmetrical and complimentary to CAFTA. Finally, the group believes that CAFTA should include a mechanism for admitting to cumulation FTA FTA abbr. Future Teachers of America partners who agree to the above enforcement provisions. The group agrees to the concept of a meaningful short supply list and a timely and transparent procedure for determining short supply. To build upon the discussions initiated at the recent Miami, Houston and Managua meetings, it has organized, at the request of the Department of Commerce, a working group of retail, apparel and textile representatives to prepare joint recommendations. The group strongly recommends that, regardless of the date of passage, CAFTA become effective as of January 1, 2004. The working group agreed to continue to work together to address other important unresolved issues. Private sector participants in the meeting included representatives of AMC/Target, Asheboro Elastics, Burlington Industries Burlington Industries was a diversified U. S. fabric maker based in Greensboro, North Carolina. The company had operations in the United States, Mexico, and India and a global manufacturing and product development network based in Hong Kong. , Coats North America, Cone Mills, Dan River, Galey & Lord, Gap, Inc., Jockey International, Kellwood Company, Limited Brands/MAST Industries, Parkdale Mills, J.C. Penney, Phillips-Van Huesen Corp., Sara Lee Branded Apparel, VF Corp., Wal-Mart Stores, and Warnaco. |
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