EUROPEAN COMMISSION PREDICTS LEATHER COMMERCE GAINS FROM ASIA TRADE DEALS
June 1st, 2007
BY PAUL COCHRANESLATED European Union (EU) free trade agreements (FTA) with South Korea, India and the Association of South East Asian Nations (ASEAN) will dramatically boost commercial activity in the leather industry if the agreements are passed, claims a study by Copenhagen Economics for the European Commission.It says South Korean imports of leather would increase by 5.2% if current negotiations lead to just a partial FTA, while the EU is expected to gain a 1% share of the total gains. Furthermore, the EU's market share of leather imports to South Korea would ...
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