Europe

The Single Market: an opportunity for the perfume and cosmetics sector

The Single Market: an opportunity for the perfume and cosmetics sector

The Single Market: an opportunity for the perfume and cosmetics sector

The Single Market could be considered the most important challenge proposed by the European Commission in decades. It should be the tool to build a stronger and fairer European economy and consequently a way to create jobs and growth. The Single Market allows people, goods, services and capital to move freely creating new opportunities for citizens, workers, businesses and consumers.

The European Commission has recently discussed the future of this project by analyzing two related aspects: the Internal Market Strategy which tries to boost the cross-border exchange of good and services and the Labour Mobility Package that promotes labour mobility whilst minimizing any unintended consequences. Both initiatives seek a deeper and fairer internal market.

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The Commissioners have concluded that it is necessary to take further action in order to unlock the full potential of the Single Market. Following this goal citizens, business and public authorities can access good and services for the best quality, price or service. Other consequences include that professional can offer services across the EU quickly and conveniently, entrepreneurs can innovate and expand, new business models and services can flourish and retails will find it easier to establish, do business and deliver their products across borders.

The European Association of Perfume and Cosmetic Products (APCE) thinks this project can be helpful for small and medium European manufacturers, professionals and artisans from the perfume and cosmetics sector. It can help to prevail free market and consumer rights as key principles in the European Union.

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