Volume of Apparel from Haiti Eligible for Duty-Free Treatment Increased for FY 2014
The Department of Commerce announced Oct. 21 an increase in the fiscal year 2014 tariff preference level established under the Haitian Hemispheric Opportunity through Partnership Encouragement (HOPE) Act for knit apparel manufactured in Haiti.
The original TPL amount was set at 70 million square meter equivalents, and the Haiti Economic Lift Program established a mechanism to automatically increase this amount to 200 million SMEs if and when imports met or exceeded 52 million SMEs in one annual period (Oct. 1 through Sept. 30). DOC reports that imports under the knit apparel TPL reached this threshold in September and that as a result this TPL for the 2013/2014 annual period was increased to 200 million SMEs, such that the utilization rate of the TPL for that period was 26.67 percent.
However, the DOC notes that for the annual period Oct. 1, 2014, through Sept. 30, 2015, both the knit and woven apparel TPLs will be set at 70 million SMEs until such time as imports under either or both TPLs reach or exceed 52 million SMEs.