Call for closer trading ties as London hosts major European fastener gathering
Influential leaders from the European fastener sector were in London recently to discuss the need for greater collaboration, sovereign production and the threat of cheap imports from the Far East. Paolo Pozzi, President of the European Industrial Fastener Institute (EIFI), said: "The European industrial fasteners sector, and its supply chain, are essential to many strategic industries, including automotive, machinery, construction and infrastructure. In an increasingly challenging global environment, manufacturers need balanced, pragmatic and predictable policies capable of supporting investment, innovation and employment across Europe." The three-day General Assembly noted that the industrial futures of both Europe and the UK will depend on an ability to combine competitiveness, resilience and innovation with strategic autonomy.
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