Euratex: strategy for recovery and re-election of Alberto Paccanelli as President

Euratex: strategy for recovery and re-election of Alberto Paccanelli as President

The European textile and clothing industry is ready to transform the crisis into an opportunity, and become more digital, sustainable and agile. Endorsed by the last General Assembly (GA) of the European Apparel and Textile Confederation (Euratex), Brussels/Belgium, the renewal will be driven by the “strategy for recovery from the Covid-19 era” together with 5 flagship initiatives in critical areas. To guide the sector towards its renaissance, the GA re-elected Alberto Paccanelli (photo) as President.
European textiles and clothing companies proved to be essential to managing the pandemic, as a great number converted to or increased the production of PPE. The last months highlighted then the necessity for the whole sector and its value chain to undergo a renewal process and enter the future more competitive and greener.
Euratex’s plan requires considerable resources and a coherent set of measures, both on short term and on a structural basis. To make the strategy tangible and concrete, the association developed 5 flagship initiatives:
• Building resilient value chains in Europe for critical PPE and other textile products.
• SMEs should upskill their existing workforce and attract well-qualified young workers and professionals.
• Investment in innovative and sustainable textiles through dedicated Public Private Partnership (PPP) at EU level.
• To establish 5 recycling hubs in Europe near textile and apparel districts and therefore make raw materials by collecting, sorting, processing and recycling post-production and post-consumption textile wastes.
• Ensure free and fair trade for the companies. A first step should be to promote the Pan Euro Med as an integrated ecosystem, and exploit market opportunities resulting from other EU FTAs.

Source:
dfv media group