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    Sri Lanka Clothing Sector Opens New Markets In Asia

    2010/8/31 9:59:00 33

    Sri Lanka Clothing

      

    Sri Lanka

    The JAAF has recently proposed a five year strategic plan to the government.

    clothing

    The Department emphasized the essence of the new market for the garment industry.


    Sri Lanka is a representative of Sri Lanka garment factory.

    Clara, Secretary General Rohan Massa, explained that the five year strategic plan focused on the market, such as Japan, Russia, India and China, and South America.

    emerging market

    The plan emphasizes the need to serve the high slot Market in Australia and other countries.

    Opportunities for new markets will be promoted through signing trade agreements with emerging markets.


    Massa Clara said: "a forward-looking policy is very important, not only for clothing, but also for the entire export."

    He added that the plan proposes to engage in Sri Lanka brand clothing action to enhance the value chain and the status of the country as a clothing procurement destination.


    Because of the serious floods in Pakistan and the cancellation of the duty-free preferential tariff in Sri Lanka by the European Union, many European and American clothing sheets are facing Christmas demand, and it is very likely that the order will be pferred to Bangladesh.


    According to the Pakistan government's estimate, the flood in 2010 will make the garment industry in Pakistan decline 7 to 10%.


    On the other hand, imports from Sri Lanka to the European Union will give European importers more than 12.5% of their taxes.


    However, AbdusSalamMurshedy, President of Bangladesh Garment Manufacturersand Exporters Association (BGMEA), Bangladesh, said that the energy shortage in Bangladesh, coupled with the serious delays in the operation of raw materials and exports in Chittagong, will make it impossible for Bangladesh garment industry to grasp this business opportunity.


    A president also said that although the garment export industry in Bangladesh has continued to grow well, if the energy problem can be solved, the garment export industry in this country can grow by more than 15%.

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