2024 Will Be Turning Point For European Textiles & Clothing Sector
European citizens will vote for a new European Parliament in June 2024 and based on the results, a new European Commission will be formed.
In view of this important election, EURATEX has published a Manifesto, presenting 15 requests which will help to ensure a competitive European textiles and clothing industry.
According to EURATEX, the textile and apparel industry is making a substantial contribution to European wealth, jobs and growth.
Europe has 192,000 companies employing 1.3 million workers with a turnover of €167 billion and over €67 billion of exports in the textile and garment industry.
“Entrepreneurship should be recognised as the foundation for a competitive textile industry, offering high quality and sustainable products, based on innovation, creativity and design,” the trade body said.
“European policy makers should recognise such role to textiles and apparel companies and have an open dialogue to create better framework conditions to operate in the internal and global markets,” it added.
As per EURATEX, these policies should focus around four points like – Develop and implement a ‘smart’ EU industrial policy and; No sustainability without competitiveness.
The third point is to Ensure free and fair trade and the last but not the least is; Incentivise the demand for sustainable textiles.
“These elections are a turning point for the future of Europe. While some regions of the world are already taking measures to support their industry, Europe has been lagging behind,” Alberto Paccanelli, EURATEX President also said.
“We need now a clear vision which brings us towards a greener and wealthy future. We need to reconcile these two objectives and bring with us major global partners, because this transformation cannot be done by one region only,” he added.
Click here to read or download the Manifesto
