EU COMPETITIVENESS PLAN

Keith NuthallTHE EUROPEAN Commission has followed up the proposals of the European Union's (EU) high-level group on dealing with the end of textile trade quotas in the New Year, proposing a slush fund to cope with the potential fall-out. It has proposed earmarking 1% EU national development ('structural') funds and 3% of regional competitiveness grants for areas with large textile industries. The Commission also wants to boost research and innovation via a new European technology platform that would unite government bodies, industry and researchers in creating ...


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