BRAZIL IS CLOSED FOR EUROPEAN TEXTILE MARKET, LAMENTS EUROPEAN TEXTILE INDUSTRY
April 14th, 2014
THE DIRECTOR general of the European Apparel and Textile Confederation (EURATEX) has called on the European Union (EU) to keep pushing for a free trade deal between the EU and the Mercosur trade bloc, notably because it is dominated by Brazil (also including Argentina, Paraguay, Uruguay and Venezuela), which today remains a tough market for the European textile industry. Speaking to WTiN.com, Francesco Marchi lamented that “despite the growth of consumption, Brazil is closed for us”.Negotiations between the EU and Mercosur began at the turn of the millennium. ...
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