The task of EIFI is to look after and further the joint economic, professional, technical and scientific interests of the members in the following ways: Exchanges of practical experience in product groups and committees, Information and consultation on all matters relating to the Institute's objectives, Preparation of aids to decision-making, Representation of the interests of the European fasteners industry vis-à-vis authorities, public bodies and other organizations at international level and buyers and suppliers, Encouragement of studies and research work and collaboration with scientific institutes, Co-ordination of European activities in the technical field and cooperation in the field of international standardization, Public relations.