Foreign buyers of Philippine garments are looking for a revival of the clothing sector after the country has steadily lost its position as a major supplier. It is now seeking government subsidies, particularly on labour and electricity costs.
Robert Young, president of the Foreign Buyers Association of the Philippines (FOBAP), said the group will lobby for the immediate conclusion of a free trade agreement (FTA) with the US, which is still the clothing sector’s biggest export market.
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