What did the Malta Chamber of SMEs bring through for business in this year’s budget?
18 October 2021
The Malta Chamber of SMEs has noted a number of positive initiatives that will aim...
GRTU as a
member of Eurocommerce issue the following Press Release issued by Eurocommerce
and edhered to by the national organisations in each member state representing
tradees and retailers.
Restrictions must be terminated end 2007
2007 – "The EU must terminate its import quota
for textiles & clothing from
China at the end of
2007. The recent calls by some to extend the current restrictions miss the point
and come in any case at a moment when most traders have already placed their
orders", said Xavier R. Durieu, Secretary General of
Stick to announcements,
terminate quota end 2007
extension by one year is not an option. The EU textiles & clothing
manufacturers had ten years, from 1995 to 2004, to adapt to the end of the quota
system. In 2005 they were given two additional years. Yet another extension
would not save one single job, but penalise those producers who have invested in
research and innovation to anticipate the end of the quota
It is too
late to extend restrictions.
war" in 2005 showed that importers and retailers need 12 months predictability.
Importers and retailers relied on the EU announcement that the restrictions will
be lifted at the end of this year. If interested parties call for quota
restrictions for 2008 now, this comes months too late.
are those suffering most
small and medium-sized importers and retailers were among those suffering most
in 2005. Now the EU must live up to its responsibility and spare SMEs – the main
job motor in Europe – another bad
surprise that would jeopardize consumer choice and product
interests are at stake
the quota restrictions would further protect less efficient producers at the
expense of consumers, denying them the benefit of the best deal The impact on the purchasing power of consumers should not be
underestimated either. Another year under quota would be anti-competitive,
anti-consumer and protectionist.
"The EU has only one choice: looking ahead to
the goals of the Lisbon strategy and
focusing on innovation and competitiveness", concluded Xavier R.
The Malta Chamber of SMEs represents over 7,000 members from over 90 different sectors which in their majority are either small or medium sized companies, and such issues like the one we're experiencing right now, it's important to be united. Malta Chamber of SMEs offers a number of different services tailored to its members' individual requirements' and necessities. These range from general services offered to all members to more individual & bespoke services catered for specific requirements.
A membership with Malta Chamber of SMEs will guarantee that you are constantly updated and informed with different opportunities which will directly benefit your business and help you grow. It also entails you to a number of services which in their majority are free of charge and offered exclusively to its members (in their majority all free of charge).