SRI LANKA: High quality apparel product hold firm in German market

Sri Lanka, one of the top apparel sector suppliers to Germany should not worry about the quota free era as most German companies are still willing to continue to buy from us mainly due to the high quality of our products, said Ambassador of Sri Lanka in Germany Jayantha Palipane.

"Total trade between Germany and Sri Lanka is over 250 million US dollars and bulk of the trade is for the apparel sector. With the GSP+ concessions offered by the European Union of which Germany is also a member, Lanka's export income from this region is bound to increase in spite of the phasing out of the Multi Fibre Agreement this year," he said.

He said that the Trade Ministry, Minster of Foreign Affairs and the Sri Lanka Embassy in Germany played a key role in obtaining these duty concessions.

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Added: March 17, 2005 Source: Agencies
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