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Pic: Shutterstock EURATEX, the voice of the European textile and apparel industry, has welcomed the general aim of the legislative report on due diligence adopted by the European Parliament on March 10. It has, however, pointed out that implementation is yet to be debated and it will penalise the European industry with unintended consequences and excessive burden on SMEs.
EURATEX has also warned about the impact of new legislation on an industry severely hit by COVD-19. The own-initiative legislation was voted in the European Parliament with 504 in favour, 79 against and 112 abstention. EURATEX welcomes the broad consensus registered around several important points, such as harmonisation of legislation at European level instead of pursuing national approaches, and the principle of proportionality. However, the seriousness of unintended consequences especially in difficult economic times appears still not