EU PREPARED TO BE FLEXIBLE IN RECOGNISING AMERICAN TEXTILE REGULATIONS TO SECURE TRADE DEAL

THE TEXTILE sectors of the European Union (EU) and the United States are keeping a close eye on negotiations under way to create a planned EU-US Transatlantic Trade and Investment Partnership. This would be the world’s largest bilateral trade deal, and would aim to go beyond standard trade agreements by addressing technical rules that can impede trades in manufactured goods such as textiles, such as labelling, classification and chemical controls.The Commission has been uncharacteristically transparent by last week (Wednesday, June 17) publishing its initial ...


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