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European trade association endorses Prime Source
The organisers of Prime Source, the networking event for the international
apparel industry to be held in Hong Kong in March 2006, has announced the endorsement
of the event by the Foreign Trade Association (FTA). The FTA is the only European
trade association that represents the foreign trade interests of European commerce.
It advocates free world trade and the liberal development and strengthening
of the multilateral trading system within the framework of the World Trade Organisation.
Headquartered in Brussels, its members are national retail trade associations
and individual firms from nearly all European countries.
Commenting on this new event, FTA secretary-general Mr Jan Eggert said, "Prime
Source will not just benefit the apparel industry, but will provide a forum
for senior-level dialogue between trading nations that leads to greater cooperation
and mutual benefits across all fronts."
FTA's endorsement adds on to that already extended by the American Apparel &
Footwear Association (AAFA) and the United States Association of Importers of
Textile & Apparel (USA-ITA). These three endorsing associations collectively
represent the largest buyers of apparel and textile products in the major markets
of Europe and the USA, and are working closely with the organiser of Prime Source
to design a programme that is fitted to the needs of the industry.
Mr Kevin Burke, president/CEO of AAFA in welcoming the launch of Prime Source
said, "This is the event that the industry has been waiting for. For years
we have awaited the lifting of quotas, and now we need a worldwide event where
our members can source fabrics, trims and finished apparel from wherever they
want. Hong Kong is exactly the place to do that."
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