ITALY’S TEXTILE SECTOR SAYS TRANSATLANTIC TRADE DEAL IS POTENTIAL BOON – BUT DEVIL IN THE DETAILS
October 1st, 2014
SENIOR figures in the Italian textile sector are optimistic that their industry will benefit should the European Union (EU) and the USA strike a deal during negotiations for a planned Transatlantic Trade & Investment Partnership (TTIP). Eliminating or reducing tariffs on textiles at the US border would offer significant gains to Italy’s textile producers, said Filippo Laviani, a Europe and international trade regulation specialist with Italy’s largest fashion trade association Sistema Moda Italia: “Customs tariffs [in the US] are still high, like for ...
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