Released on = May 30, 2006, 5:17 am

Press Release Author = fibre2fashion

Industry = Government

Press Release Summary = EU Trade Commissioner Mr. Peter Mandelson comments on quota
system in an exclusive interview with fibre2fashion.

Press Release Body = Hinting that Europe does not need to protect its textile
industries, European Union Trade Commissioner Mr. Peter Mandelson stated that they
deserved \"temporary protection\" in order to adapt to the quota-free world.

Speaking exclusively at Face2Face, an interview feature on world\'s leading portal on
apparel, textiles and fashion - Fibre2fashion, Mr. Mandelson was very forthcoming as
he shared his views about free trade, globalization and textiles trade, in
particular.

He was very blunt at accepting the fact that quotas were no long term solutions and
said that \"free trade is a two-way street.\"

About the Chinese textile quotas that are currently being implemented, he called
them an \"amount to a gradual transition towards free but also fair trade.\"

He expressed his satisfaction at textile quotas, "being carefully and smoothly
managed in a spirit of excellent cooperation.\"

In his interview, Mandelson also outlined his strategies in dealing with several
issues, his role of the EU Trade Chief, defending European interests and views on
global economy.

http://www.fibre2fashion.com/face2face/european-commission/peter-mandelson.asp

http://www.fibre2fashion.com

Web Site =
http://www.fibre2fashion.com/face2face/european-commission/peter-mandelson.asp

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