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Mandelson hint that Europe need not protect textile industry for long period

Mandelson hint that Europe need not protect textile industry for long period

Write: Fairfax [2011-05-20]

Overseas media report that commissary of EU Trade hint that EU needn t protect their own textile industry. He said EU s textile industry need temporary protection to adapt the global situation after quota removing.

When interviewed by India media, Mandelson deliver his opinion on incorporate trade, globalization, especially textile trade. He agree that quota can not solve problem in long-term without hesitation, he said that free trade is a double way.

He said that China textile quota is just a transition to free trade & equal trade. He shows that he satisfy with the sincere cooperation spirit and the steady management on textile quota.