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Europe Daily Bulletin No. 8273

9 August 2002
(eu) eu/trade
EU and Brazil open their textile markets

Brussels, 08/08/2002 (Agence Europe) - On Thursday the Commission and Brazil singed a trade agreement (Memorandum of Understanding) which mutually facilitates guaranteed access to each others' markets and textile products. This agreement must still be formally approved by the Council in October and which will be applied at the beginning of November or at the end of 2002 at the latest. It aims to: suspend quotas imposed by the EU on up to ten categories of textile products exported by Brazil;...