Sri Lanka apparel exports rise after reinstatement of EU GSP+
European Union's tariff concession Generalized System of Preferences plus (GSP+) has delivered its most prominent success for Sri Lankan exports to-date since its reinstatement, Minister of Industries and Commerce Rishad Bathiudeen says.
"As a result of Prime Minister Ranil Wickremesinghe's efforts on GSP Plus, our apparel exports from January to September this year has increased by 11.3% to US $ 1.67 Billion," said the Minister on Wednesday in Colombo.
Minister Bathiudeen was addressing the launch event of the third edition of Intex South Asia 2017 in Colombo on 15 November joined by Prime Minister Ranil Wickremesinghe, South African High Commissioner in Sri Lanka Ms R P Marks and High Commissioner of India to Sri Lanka Taranjit Singh Sandhu.
Having completed two previous fairs i...