Tag: Trade

EU-UK trade figures confirm: BREXIT has been a “lose-lose” deal for the textile industry

Brussels, 17 January 2022 – Latest trade data (January-September 2021) show a dramatic drop of imports and exports of textile goods between the EU and UK, with significant losses for companies on both sides. The situation is likely to get worse, as the full customs regime between UK and EU has entered into force on…
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Joint Business Statement

EU-MERCOSUR ASSOCIATION AGREEMENT Brussels, 28 June 2021 – A coalition of 14 European business associations, representing different European sectors calls for the swift ratification of the EU-Mercosur association agreement. With the political agreement reached already 2 years ago (June 2019), now is the time to move forward and unlock the manifold mutual benefits that this…
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EURATEX Statement on the occasion of the EU-US Summit of 15 June 2021

Brussels, 15 June 2021 – The European textile and apparel industry welcomes the organisation of today’s EU-US Summit in Brussels, and hopes our political leaders will launch a new era of closer cooperation across the Atlantic. Both the Covid19 pandemic and recent geopolitical tensions call for global solutions; the EU and the US should take…
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113 U.S. and EU Organisations Urge EU and U.S. to Lift Retaliatory Tariffs on Products Unrelated to Transatlantic Trade Disputes

Lifting Tariffs Will Help Both Economies Recover From the COVID-19 Pandemic In advance of the upcoming EU-U.S. summit in Brussels, the undersigned 113 organisations reiterate our call for the permanent removal of tariffs on sectors unrelated to the ongoing transatlantic trade disputes. The transatlantic relationship is of enormous economic importance to our sectors, and we…
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EURATEX signs a Joint Letter for Immediate Suspension of Retaliatory Tariffs

Brussels, 25 January 2021 – EURATEX, together with seventy-one U.S. and European associations representing a wide range of industries sent a letter today to President Joseph R. Biden and European Commission President Ursula von der Leyen urging the immediate suspension of tariffs on sectors unrelated to the ongoing Trans-Atlantic trade disputes. The coalition stated that suspending tariffs…
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The European Textiles Industry makes a final call to reach an agreement on EU-UK negotiations – nearly 130,000 jobs are at stake.

Brussels, 23 November 2020. A new study, commissioned by EURATEX with the University of Leuven[1], reveals that a “no deal” Brexit would have a detrimental impact on the textile and clothing industry (T&C) with job losses over 100,000 for the EU27 and over 27,000 for the UK. Output losses for the UK would be 41.8%…
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EU Sectors Affected by Transatlantic Aircraft Trade Disputes Call for Urgent De-escalation

Tariffs are causing irreparable damage amidst economic slowdown caused by COVID-19 crisis BRUSSELS – 15 October 2020 Following the publication of the WTO report on the Boeing dispute earlier this week, 13 European associations representing sectors threatened or hit by US tariffs as part of the Airbus dispute have issued an urgent call on the…
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Free, Fair and Sustainable Trade is an essential component of EURATEX strategy

Brussels, 15 October 2020 – EURATEX responded to the EU consultation on the trade policy review, offering 60 specific points, which will help to develop an open but  sustainable trade system, which guarantees the level playing field for European industry. The EU should invest in an ambitious regional agenda, focusing on important partners such as…
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EURATEX and AAFA Joint Statement on EU-US trade relations

EURATEX and AAFA note the recent progress in eliminating and reducing customs duties on several American and European products. It is a very positive sign that we would like to highlight in a particularly difficult context for the textile and clothing industry at European, American and even global levels. However, we regret the small scope…
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Impact of foreign subsidies on EU Internal Market

EURATEX welcomes EU initiative and calls for swift implementation Brussels, 30 September 2020 – EURATEX responded to the EU consultation on the impact of foreign subsidies on the EU Internal Market. It welcomes the initiative and calls for a comprehensive instrument which guarantees level playing field, but it is not protectionist and does not discourage…
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