http://www.turkishpress.com/business...4.v1m0b491.xml

Originally Posted by :
But speaking after meeting Filiep Libeert, the president of the association of European textile manufacturers (Euratex), Mandelson said: "I believe that the European textile industry is able to compete in the global market.

Originally Posted by :
"The European Union retains the ability to respond to any sudden surge in Chinese textile exports, but measures would be used only where fully justified," the statement said.

Who is Mandelson trying to kid? The EU will have to get all self protectionist if they want to keep textiles alive in the EU, China will be far to cheap to compete with, and thats the bottom line!
[Rep]

FROST: Good morning Mr. Mandleson and welcome to the programme.
MANDY: Thank you David, you're honoured, I'm sure.
FROST: Er .. quite. Now, I understand you firmly believe the European textile industry is able to compete in the global market?
MANDY: Oh yes, most certainly.
FROST: Would you care to elaborate?
MANDY: The European Union retains the ability to respond to any sudden surge in Chinese textile exports, but measures would be used only where fully justified.
FROST: And what, in your opinion, would justify these measures?
MANDY: A sudden surge in Chinese textile imports.
FROST: Do you know anything at all about textiles?
MANDY: Oh yes - I have been interested in textiles since I was a young lad.
FROST: For the viewers, would you define exactly what is a textile please, Sir?
MANDY: Certainly. A textile is usually white and about six inches square (though of course it's centimetres these days) with text on it. Used mainly in public washrooms they are a great source of inspirations to budding writers and poets.
FROST: I see ... can you give an example?
MANDY: My favourite is: "At last, at last I jump for joy, I was here before ... um ... some guy, the name escapes me now ... and I love the response which is "Very sorry to spoil your joke, I was first but my pencil broke."
FROST: Thank you for coming and for being so helpful. I am sure our viewers have learned something of real value today.
MANDY: You're welcome. (exits)
FROST: You couldn't make it up.
[Rep]