Monday, December 9, 2019

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Central American textiles to miss targets for growth

Monday, December 2, 2019


Central American textile and apparel exports are on course to miss growth targets this year as Donald Trump's impeachment concerns and rising political instability in Latin America cripple orders and freeze investments.

Crucially, Korea's Sae-A Trading, which was expected to break ground on a $200 million polyester yarn factory in Guatemala this summer has put the project on standby, industry sources say, just-style reports.