U.S. government representatives were in Porto on the 24th and 25th of February, and visited ANIVEC, the National Association of Clothing Manufacturers, to discuss the Transatlantic Trade and Investment Partnership (TTIP). Caroyl Miller, Deputy Textile Negotiator U.S. Trade Representative, William D. Jackson, Deputy Assistant U.S. Trade Representative and Benjamin A. Rockwell, Economic Unit Chief at the U.S. Embassy in Lisbon, were invited by ANIVEC to visit some textile companies and get to know the reality of the Portuguese textile industry better. “TTIP will be very important in developing trade and transactions between Europe and the U.S.,” César Araujo, president of ANIVEC said. However, he stressed that “if TTIP is not well safeguarded, textile companies, which are vital to Portugal’s economy and development, may lose competitiveness because they can be heavily penalized.”
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