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Tuesday, 05 January 2021 10:48

UKFT greets FTA with EU

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UKFT welcomed Brexit trade deal with European Union. The EU being the biggest market for UK fashion and textiles industry, the deal should help secure the £7.4 billion of fashion and textiles that the UK sells to the EU every year. UKFT has urged the government to actively help the sector meet the challenges it will face in the immediate future and to invest in the long-term future of the industry in the UK.”

“I am delighted that a deal has been agreed. While we need to see the detail of the deal to fully understand the implications, UKFT will be working with its members to help the industry maintain and grow its exports to the EU and the rest of the world,” Said Nigel Lugg, Chairman of UKFT. It is being felt, trading environment with the EU will be very different even with this deal ,and there is still much that companies need to do.