September 24, 2022
  • September 24, 2022

Euratex reaches out to the Ukrainian textile industry

By on May 10, 2022 0

Euratex, the trade association representing European textile companies, launched the initiative yesterday (9 May) to provide a single point of contact for Ukrainian companies seeking support and cooperation with their EU counterparts, and vice versa , says the report. This connection will be useful for matching supply and demand, as there are many demands for fabric sourcing, and for engaging in government procurement and offering business-to-business support, the agency said. association in a press release.

Euratex indicates that the service will be coordinated by them in close cooperation with the Ukrainian Association of Textile and Leather Industry Enterprises (Ukrlegprom). Olena Garkusha, an experienced manager of the Ukrainian textile industry, now based in Brussels, will serve as the point of contact.

Euratex Managing Director Dirk Vantyghem said: “Supporting the textile industry is our way of helping the Ukrainian people. We encourage our European members to connect through the EUTI and develop lasting partnerships.

Euratex notes that EU exports to Ukraine reached €1.3 billion ($1.4 billion) in 2021, with imports from Ukraine reaching €500 million, so it is possible to extend the relationship, in the short term, to meet urgent needs, but also in the longer term, as a partner of the PEM Convention. Ukraine can play an important role in the European textile and clothing supply chain, according to Euratex.

Euratex also notes that the proposal to suspend tariffs on products imported from Ukraine by the EU will provide new opportunities.

Tetyana Izovit, Chairwoman and Director of the Board of Ukrlegprom, welcomed the initiative: “Today we have many textile and garment companies in Ukraine with expertise and skilled workers; they are able and willing to work with the EU, but lack contacts, customers and supplies. EUTI will help them.

In March, Euratex urged the EU to control oil and gas price spikes, saying many textile and clothing companies would be forced to shut down production due to rising fuel costs. energy.

Click here for Just Style’s timeline on the evolving Ukraine crisis.

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