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EURATEX Manifesto: A blueprint for a competitive textiles industry

EURATEX Manifesto

 

In anticipation of the upcoming European Parliament elections from 6 to 9 June 2024, EURATEX, the European textile and apparel association, has released a Manifesto outlining 15 key requests aimed at fostering a competitive European textiles and clothing industry. The Manifesto comes as Europe faces a pivotal moment, with the outcome of the elections determining the formation of a new European Commission.

Driving entrepreneurship for a competitive industry

EURATEX emphasizes the vital role played by the textile and apparel sector, contributing significantly to European wealth, jobs, and growth. With 192,000 companies employing 1.3 million workers and a turnover of €167 billion, entrepreneurship is touted as the cornerstone for a competitive industry, providing high-quality, sustainable products through innovation, creativity, and design. The association calls for recognition from policymakers and an open dialogue to establish favorable conditions for operation in both internal and global markets.

Crafting a smart EU industrial policy

Central to EURATEX's vision is the development and implementation of a "smart" EU industrial policy. The association advocates for policies that enhance competitiveness without burdening businesses with excessive administrative hurdles. EURATEX proposes a "competitiveness test" for new legislation, ensuring a critical examination of its impact. Additionally, the association urges investment in innovation, digitalization, and sustainable energy access at competitive prices.

Balancing sustainability with competitiveness

While committed to sustainability, EURATEX calls for economic realism in implementing the EU Strategy for Sustainable Textiles. With 16 regulatory proposals on the table, the association stresses the need for coherence, enforceability, and applicability for SMEs to prevent market exit. EURATEX warns against fragmentation caused by varying national regulations, hindering growth prospects for European textiles.

Ensuring free and fair trade

As the second-largest global exporter of textiles and clothes, Europe, with $224 billion in merchandise sales, aims to secure open, free, and fair global markets. EURATEX emphasizes the importance of trade agreements offering effective market access and a level playing field for EU companies. The association calls for coordinated efforts with member states to enforce trade laws, ensuring protection against free riders.

Incentivizing demand for sustainable textiles

Recognizing the challenges posed by premium prices for sustainable products, EURATEX proposes standard requirements and fiscal incentives to drive demand. The association advocates for green public procurements by public authorities, integrating sustainability criteria into evaluation grids.

Alberto Paccanelli, EURATEX President, underscores the urgency, stating, "These elections are a turning point for the future of Europe and its industrial base." The Manifesto serves as a blueprint for aligning European industrial practices with global standards, fostering a greener, wealthier future through collaborative efforts.

 

 
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