HOUSE PANEL OK’S CBI PARITY IN GATT BILL
WASHINGTON — The House Ways and Means Committee voted Wednesday to maintain a provision to give free trade parity with Mexico to Caribbean Basin apparel makers in its version of the implementing legislation for the GATT Uruguay Round agreement.
The same provision, favored by the administration, was axed Tuesday by the Senate Finance Committee. The two chambers will have to further debate the parity idea when GATT legislation goes into conference.
The House panel also approved an amendment that would switch the determining factor for country of origin in apparel imports from where fabric is cut to where the apparel is assembled.