COLOMBO: The Sri Lankan Minister of Enterprise Development and Investment Promotion informed the garment industry that the BOI will support the leading apparel and sourcing trade show in North America.
The show is called as “MAGIC” organized by MAGIC International Advanstar Communications Inc. It is a very important event for the apparel trade because over 30 countries are represented, thus offering entrepreneurs the opportunity to meet new trading partners. The show will be held in Las Vegas at the end of August.
The event is important, as MAGIC buyers have in the past made purchases worth US$181 million. Top executives of companies attend the event.
Dr. Amunugama said, stressing the strategic importance of the garment industry, “The BOI is committed to promote the apparel industry manufacturers for the high labour standards maintained.”
The Minister also spoke of how effectively Sri Lankan products, notably garments, had gained access to markets in the European Union for having maintained high standards in labour rights and working conditions.