Monday, December 11, 2006

OIA Scores...

Congress has approved legislation that for the first-time provides a permanent source of funding for local parks and trails. The precedent-setting legislation establishes a direct source of funding for the Stateside Land and Water Conservation Fund that would not be subject to the whims of the appropriations process.

Outdoor Industry Association (OIA) has achieved two major trade victories for the outdoor industry. In the closing hours of the 109th Congress, the House and Senate passed trade legislation containing several OIA-crafted provisions that would eliminate import tariffs on certain kinds of athletic footwear.

The legislation would also grant permanent normalized trade relations (PNTR) for Vietnam. Both were top priorities for this first year of the OIA trade program. The twelve footwear tariff relief measures will apply to certain footwear that incorporates a laminated or coated textile fabric. Ten eliminate tariff rates on these products, some as high as 37.5%, and two would reduce tariff rates to 12.8 and 15.2%.


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