
In a bid to boost Myanmar’s textile-clothing sector, French-based NGO Evalliance and Myanmar Garment Manufacturers Association (MGMA) recently agreed to implement the 2016-17 Action Plan, an MoU for which was signed last year.
After holding a meeting with the Myanmarese counterpart in which the two parties worked out the course of action which will be put in place from here on, Jean-François Limantour, President, Evalliance, said, “The Myanmar garment sector has a huge potential for competitiveness and enormous possibilities to increase its exports to the European Union. No doubt that the democratic process in Myanmar paves the way for a successful, strong and friendly cooperation with the European textile-clothing industries and markets.”
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The Action Plan for the 2016-17 aims to make Myanmar self-sustaining by increasing garment export from €400 million in 2015 to €1 billion in 2017, besides creating more employment opportunities and lessening the country’s dependence on other countries for its textile needs.
According to the plan, Evalliance is set to have a permanent office in Yangon for better cooperation between EU and Myanamar with respect to clothing and textile sector.
Evalliance is a not-for-profit association, which builds partnership on behalf of European Union (EU) with Indo-Chinese Peninsular countries in textile, clothing, luxury goods, leather and footwear.