The European Sporting Goods Federation (FESI) welcomes the European Parliament's approval of Philippines products' tax-free access to the EU market.

In mid December 2014

All members of the European Union voted through the European Commission's recommendations to include Philippines in the EU's GSP generalized preferential tariff system.

Prior to this vote, Philippines has benefited from the standard generalized preferential tariff scheme, which gives preferential treatment to exporters in developing countries to reduce or exempt tariffs from entering the EU market.

And the GSP+ will mean further removal of the remaining 6274 items.

This is a major blessing for Philippines's economy, FESI said.

Whether a country is entitled to GSP+

It depends on whether the country adheres to international conventions, attaches importance to human rights and labour rights, the environment and good governance.

"The European Parliament today took the right step to extend the GSP+ concession to Philippines, which will create thousands of job opportunities for the country and help it move towards the path of economic growth and development, while consolidating its commitment to the international community.

The enhanced trade relations will also promote the European sporting goods industry to obtain high-quality procurement options, enhance the competitiveness of our industry, reduce production costs, in line with the interests of European consumers.

FESI Secretary General Alberto Bichi said after the vote of the European Parliament.

Related links:

The changing trend of fashion industry is well known. Nowadays, the rise of the "made in England" trend is not a situation of "being caught off guard".

The manufacturing reflux has begun to spread in other European countries after German manufacturing has made the German economy stand out in the European recession.

Although the British textile industry is a famous engine industry in the history of British economic development, it has already begun to pfer the low cost advantage to China or India in the early 70s.

But according to UK official data, employment in its manufacturing industry has picked up for 20 consecutive months.

Experts believe that enterprises have discovered the advantages of "reflux Europe": they can import products faster and have high prices.

Once again, the young tailor went to Saville street to learn the best suit suit in the world, because Asian consumers were willing to pay higher prices for "made in Britain".

Official data show that for the first time in 5 years, British companies increased investment in new equipment.

It is understood that the British high-end leather manufacturing brand, Mary also opened the apprenticeship program in 2006, 70 people have graduated from the program.

Boboli began employing apprentices in 2010.