BRAZIL TEXTILE SECTOR WELCOMES EU-MERCOSUR DEAL

BRAZIL’S textile industry has welcomed the new trade deal between the Mercosur bloc (of which Argentina, Uruguay and Paraguay are fellow members) and the European Union (EU) which was announced on June 28. With existing tariffs having impeded trade in fabrics, yarn and fibre between the two blocs in the past, Renato Jardim, the superintendent of industrial and economic policy for Brazilian Textile and Apparel Industry Association (ABIT - Associação Brasileira da Indústria Têxtil e de Confecção) told WTiN.com: “There is still a huge deal of ...


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