MANDELSON HEARING
September 1st, 2004
BY KEITH NUTHALLTHE EUROPEAN Union's (EU) incoming trade Commissioner Peter Mandelson has confessed to being "very worried" about the impact in Europe of World Trade Organisation (WTO) textile trade quota liberalisation at the end of this year.Speaking yesterday (4-10) to a European Parliament hearing ahead of his taking office in November, he quoted reports warning that China could snatch 50% of the world's textile markets, saying: "This is a huge challenge that we face".Former British cabinet minister Mandelson asked: "How are we going to improve our industry's ...
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