EU Suspended Imports Of Garments Made In Burma
DUKAI Kai, Secretary of the Burma Garment Association, said that because of the outbreak of COVID -19, some EU brands decided to cancel the plan to buy clothing from Burma because of the decrease in sales volume.
Duke Kai said, with the problem of shortage of raw materials being solved, brand operators have stopped purchasing clothing garments, which is another challenge for garment factories. Due to the suspension of garment imports, garment industry, including garment factories and workers, may face difficulties.
Wu Minsuo, chairman of the Burma Garment Association, said that because Burma received the GSP from the European Union, 65% to 70% of Burma's clothing exports were based on the EU market.
It is understood that the EU provided GSP/EBA treatment to Burmese in 2013. In 2018, the European Union allowed imports of 2 billion 300 million euros from Burma. The EU says trade preferences will reduce Burma's tariffs by 250 million euros.
It is reported that Burma mainly exports garments, shoes and rice to the European Union. 80% of the garments produced in Burma are exported to the European Union. Moreover, Burma exports most of its clothing to the EU, and second of it is rice.
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