Sri Lanka Chamber of Garment Exporters (SLCGE) and Sri Lanka Apparel Sourcing Association (SLASA) are confident of achieving this year’s Government target of US $ 5 billion in export revenue. “If the country is able to sign an agreement with China and tap the Japanese market, Sri Lanka could easily achieve the export target US $ 8.5 billion in 2020,” said Rohan de Silva, Administration, SLCGE Manager. Another official added that economic interests of the country should be foremost in the negotiations with the European Union since if Sri Lanka manages to get the GSP Plus facility back, their target would be much easier. Even without GSP Plus, the sector achieved a target of US $ 4.8 billion last November. An Export Development Board official opined that there is an advantage in sourcing from Sri Lanka due to its central location, which provides the shortest shipping times to Europe. For those who are concerned not only with the quality of the product but also the values of the manufacturers, Sri Lanka will definitely be the ultimate choice, she added.
