10 May 2022, Mumbai:
EURATEX has launched its EU-Ukraine Textile Initiative (EUTI), which aims at facilitating cooperation between European and Ukrainian textile and apparel companies.
EUTI offers a single contact point for Ukrainian companies who seek support and cooperation with EU counterparts, and vice versa.
ALSO READ EURATEX: BETTER COLLABORATION CAN SMOOTHEN EU-UK TRADE FLOW
That connection will be helpful to match supply and demand (e.g. there are many requests for supplies of fabrics), engaging in public procurement, and offering company-to-company support.
The service will be coordinated by EURATEX in close cooperation with UKRLEGPROM, the Ukrainian Association of enterprises of the textile & leather industry. Olena Garkusha, an experienced manager coming from the Ukrainian textile industry and now based in Brussels, will act as a contact point (This email address is being protected from spambots. You need JavaScript enabled to view it.).
EU exports to Ukraine reached €1.3 bln in 2021 (13th market), whereas imports from Ukraine reached €500 mln (21st place).
RELEVANT NEWS European textile industry needs to grow its role on global markets
There is potential to expand that relationship, both in the short term - to respond to urgent needs, e.g. in the military and medical fabrics - but also in the long run; as a partner in the PEM Convention, Ukraine can play an important role in Europe’s textile and apparel supply chain. The proposed suspension of tariffs on imported products from Ukraine by the EU will offer further opportunities.
EURATEX Director-General Dirk Vantyghem commented: “Supporting the textile industry is our way to help the people of Ukraine. We encourage our European members to connect via EUTI and develop sustainable partnerships.”
Tetyana Izovit, President-Chief of the Board of UKRLEGPROM welcomed the initiative: “Today, we have many textile and apparel companies in Ukraine with expertise and skilled workers; they are able and willing to work with EU, but lack the contacts, customers, and supplies. EUTI will help them.”
Join our community on Linkedin