In anticipation of the extraordinary Council meeting on October 6th in Granada, Alberto Paccanelli, President of EURATEX, and Jose Vte Serna, President of CIE, have jointly urged the EU Presidency to devise a fresh competitiveness strategy. This strategy is seen as crucial for reviving the European industry and ensuring its competitiveness in the coming decades. The proposed approach integrates trade, energy, state aid, and sustainability policies into a unified framework, aimed at bolstering a modern European manufacturing sector.
To fortify Europe's industrial foundation, the leaders emphasize three key points: securing a cost-competitive supply of clean energy, fostering innovation and nurturing a skilled workforce, and advocating for a level-playing field on sustainability globally.
They criticize the disjointed and conflicting objectives witnessed in recent years across trade, energy, industrial, and sustainability policies. The leaders warn that such inconsistencies may push European industry out of the market, potentially leading to de-industrialization and increased vulnerability to geopolitical challenges.
In light of this, they stress the need for a coherent set of policies that prioritize the competitiveness of Europe's domestic industry, including the textile sector. They propose expanding the scope of the Net-Zero Industry Act to encompass textiles and clothing, recognizing the industry's historical significance and its role in providing essential products across various sectors.
The European textile and clothing industry, with its 1.3 million direct jobs and diverse applications from fashion to automotive, aircraft, construction, and personal protective equipment, is deemed crucial to Europe's social and economic fabric. The leaders underscore the importance of maintaining Europe's capacity to produce high-quality, sustainable textiles and call for inclusion in future competitiveness policies and associated funding.
In essence, the call from Paccanelli and Serna underscores the vital role of the textile industry in Europe's economic landscape and advocates for a holistic approach to secure its competitiveness.
