#Europe

2024-05-02

EU-New Zealand trade agreement enters into force, opening new opportunities for EU exporters

EU businesses, producers and farmers are now able to take advantage of a host of new export opportunities with the entry into force of the EU-New Zealand trade agreement today. The deal is expected to cut €140 million a year in duties for EU companies.

Thanks to this deal, EU-New Zealand trade is expected to grow by up to 30% within a decade, with EU exports potentially growing by up to €4.5 billion annually. EU investment into New Zealand has the potential to grow by up to 80%. This landmark agreement also includes unprecedented sustainability commitments, including respect of the Paris Climate Agreement and core labour rights.

EU farmers will benefit from the elimination of tariffs on key EU exports such as pig meat, wine and sparkling wine, chocolate, sugar confectionary and biscuits. Moreover, the agreement protects the full list of EU wines and spirits (close to 2,000 names), such as Prosecco and Champagne, as well as 163 of the most renowned traditional EU products (Geographical Indications), such as Feta cheese, Istarski pršut ham and Lübecker Marzipan. Meanwhile, sensitive EU agricultural products such as beef, sheepmeat and dairy products are protected with carefully designed tariff rate quotas.

EU business can now take advantage of benefits such as:

Zero tariffs on EU exports to New Zealand.
A more open New Zealand services market in key sectors such as financial services, telecommunications, maritime transport and delivery services.
Non-discriminatory treatment of EU investors in New Zealand.
Improved access for EU companies to New Zealand government procurement contracts for goods, services, works and works concessions.
A dedicated chapter to help small business exports.
Significantly reduced compliance requirements and procedures.

Practical information to help EU exporters take advantage of these new opportunities can be found on the Commission's Access2Markets page:

https://trade.ec.europa.eu/access-to-markets/en/content/eu-new-zealand-free-trade-agreement

Blue Tomato accelerates agile retail apparel production with Kornit Digital

Kornit Digital (NASDAQ: KRNT), a global pioneer in on-demand digital fashion and textile production technologies, is highlighting how Blue Tomato, Europe’s largest board sports retailer, is using two Kornit Atlas MAX PLUS systems to support a more agile approach to in-house apparel production. The systems are helping Blue Tomato respond faster to changing consumer trends, produce high-quality apparel for its network of 86 retail stores across Europe and reduce inventory by printing only what the market demands.

SANITIZED and RUDOLF join forces to extend textile performance and wearability

Long-lasting performance textiles require solutions that address a wide range of consumer expectations, from lasting freshness and comfort to reliable protection against the elements. SANITIZED and RUDOLF are highlighting their latest innovations, demonstrating how specialized textile technologies can support the functional durability and wearability of modern apparel.

The beauty of imperfection: Officina39 explores denim's next chapters

Officina39 returns to Kingpins Amsterdam on October 14–15, booth White 01, with a creative and technological program that brings together its new Spring/Summer 2028 collection, advances in denim finishing and collaborations spanning design, fabric development, fashion and publishing. At the center of the presentation of the Italian company is a shared idea: that distinctive aesthetics, responsible chemistry and efficient industrial processes can evolve together, opening new creative possibilities for contemporary denim.

Eastman Naia™ brings versatility to Kingpins Amsterdam

Denim continues to evolve, responding to changing consumer expectations for comfort, adaptability and functionality across different styles, occasions and seasons. At Kingpins Amsterdam, taking place October 14–15, Eastman Naia™ highlights how the versatility of Naia™ Renew staple fiber can help manufacturers address different denim needs through thoughtful fiber blending, while preserving the distinctive character of denim.

European textile industry calls for €10 handling fee on ultra-fast-fashion imports

The introduction of the €3 customs duty on low-value imports marks an important milestone in Europe’s efforts to address the challenges created by the rapid growth of ultra-fast-fashion imports. Together with the abolition of the €150 customs duty exemption, it demonstrates that policymakers are willing to act when market distortions become impossible to ignore. However, the European textile and clothing industry considers this a first step rather than the final destination.

EU ban on destroying unsold clothing and footwear now in force

The European Union's ban on the destruction of unsold clothing, clothing accessories and footwear has entered into force. Since July 19, 2026, large companies across the EU have been prohibited from destroying unsold textile products, while medium-sized companies will be required to comply with the same rules from 2030.

Stäubli supports Asia’s weaving industry with solutions across the full value chain

From PCB fiberglass fabrics to denim production, and from premium Jacquard weaving to 3D technical textiles, Stäubli continues to drive the transformation of Asia's textile industry through innovative technologies. With reliable machine performance, advanced automation solutions, and a comprehensive service offering covering the entire equipment lifecycle, Stäubli is committed to helping weaving mills enhance productivity and overall operational efficiency, enabling them to better meet future market challenges.

UNIFEQ Europe adopts Coats Digital’s GSDCost and AI-powered GSDQuest to support rapid growth

Coats Digital is pleased to announce that rapidly growing Polish defence and uniform manufacturer UNIFEQ Europe Sp. z o.o. has invested in its award-winning GSDCost solution together with its AI-powered GSDQuest platform to establish a consistent approach to garment costing, improve sewing-floor productivity and accelerate labour costing for tenders and new products.