BRAZIL – EU
August 1st, 2002
Keith NuthallBRAZIL and the European Commission have agreed a Memorandum ofUnderstanding paving the way for a formal textile trading agreement which, says Brussels, "significantly improves access for textile products on each other's markets." The deal removes the quotas on Brazil's textiles and clothing exports to the EU. In return Brazil will respect maximum tariff levels and refrain from applying any non-tariff barriers to EU textile and clothing exports. EU trade commissioner Pascal Lamy said the agreement showed the EU was "ready to accelerate the opening of ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.