SNI: Law that promotes the textile sector would not be effective if it included a limit of 2,300 UIT in sales

SNI: Law that promotes the textile sector would not be effective if it included a limit of 2,300 UIT in sales

The National Society of Industries (SNI), through a statement, welcomed the approval, in the Congressional Economy Commission, of the opinion that proposes a ‘Law that promotes competitiveness and employment in the textile and clothing sectors, and encourages their economic reactivation.’

“We congratulate the approval of this ruling, as it is the first time in many years that, in coordinated work between the Legislative Branch and the Executive Branch, sectoral measures are promoted for a sector that generates thousands of jobs in the country and can generate many more,” he wrote.

However, the SNI emphasized that, although it is a measure that goes in the right direction, will not have the desired effect; since, by including a limit of 2,300 UIT in sales, it slows down the possibility of growing and continuing to create better opportunities for the benefit of more Peruvians.

“The experience of countries such as those in Central America, which have been creating various mechanisms to promote textile investments, shows that when laws are enacted without obstacles or limitations, local investment is not only promoted, but also becomes an important tool to attract investment. foreign direct,” highlighted the union.

Finally, he stressed that both Congress and the Executive Branch still have time to approve a law that —to be promulgated without limitations and bureaucratic obstacles for its application— will mean a turning point in the face of a reality that is becoming increasingly chaotic and complicated for a sector that in the medium term can reach the goal of US$8 billion in exports and generate more than a million new jobs.

Source: Larepublica

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