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Fashion Organizations Bolster Efforts
- By Maxamillion Blick
- Published 06/11/2009
- Fashion News Articles
- Unrated
Maxamillion Blick
Fashion Industry Ghost Writer ... Freelance writer for the Apparel Search Company. A contributor as well as inspiration to Apparel Search. My goal is to make the Fashion Newspaper a leading resource for locating fashion news on the internet.
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“The MOU we sign today is a testament to roles our organizations play in supporting both our home country economies and the global marketplace,” said AAFA President and CEO Kevin M. Burke. “Having reliable alliances and partnerships around the world always works to the advantage of our stakeholders by providing opportunities for problem solving and ‘on the ground’ expertise.”
FEDIC President Mohamed AMAIZ commented, “We consider that the signing of this MOU is the starting point for a long lasting relationship that will fruitfully yield results to the benefit of our industry members and contribute to the promotion of trade between The United States of America and the Kingdom of Morocco ”
Since its entry into force, the U.S. – Morocco Free Trade Agreement has spurred continued economic growth between the two countries. U.S. exports to Morocco accounted for nearly $1.5 billion in 2008, up 31.1 percent from 2007. Moroccan exports to the U.S. increased nearly 44.1 percent from 2007 to just under $900 million in 2008.
Under the terms of the MOU, AAFA and FEDIC will maintain an open dialogue to better facilitate the footwear trade that occurs between the two countries. By enhancing cooperation, this partnership will create an expanded network for trade solutions and lead to more business opportunities for our respective members.
AAFA Background
The American Apparel & Footwear Association (AAFA) is the national trade association representing apparel, footwear and other sewn products companies, and their suppliers, which compete in the global market. AAFA's mission is to promote and enhance its members' competitiveness, productivity and profitability in the global market by minimizing regulatory, commercial, political, and trade restraints.
FEDIC Background
The Fédération Marocaine des Industries du Cuir (FEDIC) gathers all leather industries including the industry of shoes, leather goods, tannery, tawing, saddlery and industries related to the leather sector such as the suppliers of adhesive, machines and accessories for the industry. Founded in 1991, FEDIC includes approximately 350 companies. The Association strives for professionalism and has set the standards for its members to grow and shine in the international market place by always proposing high quality products, manufactured in state of the art factories that respect the environment and are socially accountable.
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