EU TEXTILE EXPORTS TO RUSSIA RISE, DESPITE DIPLOMATIC STANDOFF
April 1st, 2017
EUROPEAN Union (EU) exports of textile products to Russia have stabilised, despite a sharp fall between 2014 and 2015, as diplomatic relations between Brussels and Moscow worsened amidst financial sanctions imposed on Russian companies and banks over the Ukraine crisis.
New figures passed to WTiN.com by EU statistical agency Eurostat show that EU exports of yarn, fabrics and other textile made-up articles (not including apparel) generated income of EUR759 billion in 2016, up slightly from EUR758 billion in 2015, after falling from EUR1 billion in ...
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