TURKISH CLOTHING SECTOR GEARS UP FOR EU MEMBERSHIP
June 1st, 2008
BY PAUL COCHRANE, in Beirut
TURKISH clothing and textile manufacturers are ramping up production of mid- to high-end garments for the European market in the face of strong competition from China and other apparel producing countries, while also preparing for Turkey's eventual membership of the European Union (EU). But Turkey's reliance on the European market - accounting for 75.5% of apparel exports and 53.4% of textile exports in 2007 - is also generating concern in the sector, particularly given the downturn in certain European economies and the potentially ...
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