Textiles rebate could lead to more decent jobs and grow local sector
Surely even determined critics must be able to agree that the rebate is better than the zero-sum game of a decades-long deadlock
The government recently published an innovative, landmark and developmental rebate on imported textiles. The outcome of intensive though collaborative negotiations between government, labour, retailers, clothing manufacturers and textile manufacturers, it is helping to break an acrimonious, decades-long deadlock in the value chain.
The rebate offers to unlock growth in the downstream value chain (clothing manufacturing) while simultaneously — and counter-intuitively for a rebate on upstream inputs — supporting and growing the upstream value chain (textile manufacturing). The keystone in its architecture is that the rebate is a conditional reward for local procurement...
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