Taiwan Garment Manufacturers Will Benefit From The Taiwan EU Memorandum Of Understanding.
TTF recently signed a memorandum of understanding (MOU) with the European Federation of textiles and clothing (EURATEX) in Taiwan. The deal is expected to help Taiwan and European clothing manufacturers strengthen their market for China and the rest of the world.
The memorandum of understanding was signed by William Wong, chairman of Taiwan textile and Trade Association, and Dr. Peter Pfneisl, chairman of the European Federation of textiles and clothing.
EURATE is its own headquarters in Brussels, Belgium. EURATE is the only organization representing the European Union's textile and garment industry. Last year EURATEX President Pfneisl visited the Taiwan innovative textile application fair. He was surprised by the development of Taiwan's innovative textiles.
In order to provide more help to textile and garment manufacturers in Taiwan Island, Taiwan Textile Development Association has considered cooperation with international counterparts, and has signed memorandums of understanding with Vietnam, South Korea, China, India, Bangladesh and Indonesia Textile Organization.
The memorandum of understanding signed by the Taiwan Textile Association and the European Federation of textiles and clothing provides necessary defense for the two sides in trade and investment alliances, establishes effective communication links and early warning systems, promotes trade, management, overcomes trade barriers, protects intellectual property rights, and solves illegal and unfair trade practices.
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