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Government assistance for apparel industry: PM
View(s):Prime Minister Dinesh Gunawardena assured the apparel industry of government assistance for expansion and further diversification of the industry, which is one of the most successful and promising export trades vital for the country’s economy.
He said this to a senior delegation of the Joint Apparel Association Forum (JAAF) who called on him on Friday (9), and congratulated them for showing a substantial export growth despite the challenges faced due to the local and international economic downturn.
JAAF Chairman Sharad Amalean explained the issues regarding certain duties, freight forwarding charges, energy and transport related issues, and urged government intervention to solve them so that they could compete with other countries to get more market access and bring in much needed foreign exchange to the country.
The Prime Minister assured them the government would streamline facilities given to this important industry and urged the garment exporters to seek more foreign investments for expansion and further diversification. He also urged them to explore possibilities of venturing into new spheres such as fish exports as there is a good demand abroad. He also asked them to consider expansion of solar power and other alternative renewable energy sources.
He emphasised the need to protect small and medium apparel industries as some of them are faced with more difficulties than mega industries, and they are a vital
component of the rural economy.
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