Brexit a lose-lose situation for textile industry says Euratex

In these three quarters alone, the EU’s estimated revenue shortfall is respectively €2 billion and €1.6 billion. Italy, the Netherlands, Belgium, and Germany are said to be the countries whose textile exports have been most affected by Brexit. On the import side, Germany, Ireland and France are reportedly the countries suffering from the largest shortfalls. Analysed on a product-by-product …

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