Home / Knowledge / News / Textiles / EURATEX signs MoU with ABIT
EURATEX signs MoU with ABIT
15
Dec '08
Top Brazilian and EU Textile and Apparel leaders met with high-level Brazilian and EU Officials in Brussels on Thursday December 11th 2008. Talks focussed on the challenges facing both industries arising from globalisation and the strengthening of bilateral partnerships between them.

An ambitious memorandum of understanding was signed by Aguinaldo DINIZ FILHO, President of ABIT (The Brazilian Textile and Apparel Industry Association) and by (Mr.) Michele TRONCONI, President of EURATEX, the European Textile and Apparel Association.

In signing the Memorandum the two bodies commit themselves to encourage the expansion of trade and investment between the partner areas, and to explore initiatives to foster competitiveness job creation, social inclusion and technological development.

This closer dialogue will include a search to eliminate tariffs and non-tariff barriers which restrict bilateral trade and support for an early conclusion of a free trade agreement between the EU and Mercosur.

Speaking after the signature of the Memorandum, ABIT President Aguinaldo DINIZ FILHO stated: “We view this signature as a further vital step on a road which fosters greater understanding, a growth in bilateral trade and co-operation in achieving common positions in international trade agreements of mutual concern. The channels of communication now established will enable us to examine and resolve trade facilitation and other barriers and to develop strong ties in the fields of training and science.”

EURATEX President, Michele TRONCONI warmly welcomed this significant move forward: “Our two industries and administrations play vital roles in the world trading system and it is crucial that we work closely together to ensure that we reach consensus on issues facing WTO and other bodies. The willingness of so many of our Brazilian colleagues and their high-level officials to join here in Brussels with their counterparts from the EU is real proof of our joint commitment, and that of our authorities, to co-operate to the benefit of this important manufacturing sector.”

EURATEX

Must ReadView All

L-R Manish Singhai, COO, Peter England; Vinai Kumar Saxena, chairman, KVIC; Ashish Dikshit, business head, ABFRL and Anshu Sinha, CEO, KVIC while signing agreement. Courtesy: ABFRL

Textiles | On 24th May 2017

Aditya Birla & KVIC enter into a strategic partnership

Aditya Birla Fashion and Retail Ltd (ABFRL) and Khadi and Village...

Courtesy: Jabong

Apparel/Garments | On 24th May 2017

Jabong Mood Store redefines online shopping in India

Jabong, India's leading online fashion retailer, has launched the...

Apparel/Garments | On 24th May 2017

G-III Apparel enters into license agreement with PVH

G-III Apparel Group has entered into a multi-year license agreement...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Marcel Alberts
Eurofibers

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Sanjukta Dutta
Sanjukta's Studio

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


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