Home / Knowledge / News / Apparel/Garments / Clothing producers to benefit from Taiwan-EU deal
Clothing producers to benefit from Taiwan-EU deal
21
Oct '10
Taiwan Textile Federation (TTF) has recently inked a Memorandum of Understanding (MoU) with the European Textile and Clothing Confederation (EURATEX). This deal is likely to aid clothing producers both from Taiwan and Europe to strengthen their competitiveness in China and in other world markets.

TTF Chairman William Wong and EURATEX Chairman Dr. Peter Pfneisl signed this MoU on behalf of their respective organizations.

European Union which now is considered to be the world's biggest trading bloc for textiles and apparel has an annual turnover of € 500 billion. EU's textile and apparel sector, employs more than two million employees in 128,000 units and each year produces apparels and textiles worth over €200 billion.

EURATEX, having its head office in Brussels, Belgium is the only organization that represents the EU's textile and apparel industry. EURATEX chief, Pfneisl who visited the Taiwan Innovative Textile Application Show (TITAS) last year, was amazed by the growth of Taiwan`s innovative textiles.

Aiming to extend assistance to domestic textile and apparel producers, TTF has been considering tie ups with its international counterparts, and pursuant to same has inked MoUs with textile organizations in Vietnam, South Korea, China, India, Bangladesh and Indonesia.

The MoU between TTF and EURATEX necessitates fortification of mutual alliance with regards to trade and investment, setting up of effective communication links and early-warning systems for trade facilitation, regulation, overcoming trade barriers, conserving the intellectual property rights and also to tackle the issues of illicit and unfair trade practices.

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Kai Pilger from Pexels

Apparel/Garments | On 26th Apr 2018

FOBAP in the Philippines trying for garments sector revival

The Foreign Buyers Association of the Philippines (FOBAP), a body...

German investors keen to invest in Pakistan: top official

Textiles | On 26th Apr 2018

German investors keen to invest in Pakistan: top official

A German traders delegation will soon visit Pakistan to explore...

Courtesy: Uster

Textiles | On 26th Apr 2018

Uster Technologies acquires Elbit Vision Systems

Uster Technologies has announced the successful closure of the...

Interviews View All

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


April 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search