Burma'S Clothing Exports Began To Rise Sharply, An Increase Of 18% Over The Same Period Last Year.
< p > with the recovery of trade benefits provided by the EU under the GSP, Burma's "a" target= "_blank" href= "http://www.91se91.com/" > textile "/a" goods exports began to rise sharply, the Thailand Textile Association (THTI) said.
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< p > according to a report by Bangkok post, although Thailand Textile Association did not predict the possible growth rate of Burma a target= "_blank" href= "http://www.91se91.com/" > clothing "/a", the Thailand Textile Association said Burma's clothing exports will increase significantly.
Last year, Burma exported about 946 million dollars of clothing, an increase of 18% over the same period last year.
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In April 22nd this year, the EU abolished the import ban from Burma under the GSP, considering that Burma had undergone democratic reforms after several years of military rule.
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According to the GSP, the EU's preferential trade in developing countries and underdeveloped countries has entered the EU market. P
However, in order to express its support for Burma's dictatorship, in 2003, the EU withdrew its preferential trade extension to Burma.
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Less than P, to maximize the use of such trade privileges, more easily available cheap labor force, several textile and clothing companies, including companies from Thailand, have moved to Burma, Thailand Textile Association said.
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< p > Burma's minimum wage is 32 dollars / month, while Kampuchea is 90 dollars / month, Vietnam is 100 dollars / month, and Burma has 32 million 500 thousand strong labor force.
On the negative side, the Thailand Textile Association said that the lack of infrastructure in Burma could hinder the growth of the garment industry, especially the inadequate power industry and inadequate facilities in Yangon port.
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