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Sri Lankan apparel exports decline in first two months of current year

Related Keywords: Central Bank of Sri Lanka, first two months of current year, garment exports to the EU and the US, industrial exports made by South Asian nation, Sri Lanka Apparel Exporters Association, Sri Lankan apparel exports declined, textiles and apparel

Sri Lankan apparel exports declined by 11.3 percent to $822.4 million in the first two months of the current year compared to exports of $927.5 million in the corresponding period of the last year. According to the data released by the Central Bank of Sri Lanka, textiles and apparel accounted for about 61.95 percent of all industrial exports made by the South Asian nation during the two-month period.

SITA project to boost Indo African business and investment on selected sectors

Related Keywords: business process outsourcing, cotton, east African countries, five years project, for export, improve competitiveness, International Trade Centre, linkage with Indian companies, meet Indian market demand, produce high-quality products, project targets priority sectors, SITA, textiles and apparel, United Nations, World Trade Organization

The World Trade Organization and the United Nations mandated the International Trade Centre (ITC) to design and implement a five years projects called Supporting Indian Trade and Investment for Africa (SITA) to improve competitiveness of five east African countries through linkages with Indian companies.

The $20 million India-East Africa trade and investment improving projects, aims to boost business between the two sides on selected sectors.

Mauritius and Pakistan to strengthen bilateral and trade relations

Related Keywords: business communities, cross-border investments, Double Taxation Avoidance Agreement, efforts to raise awareness, export flow, increase import, Investment Promotion and Protection Agreement, Pakistan and Mauritius, strengthen bilateral trade, textiles and apparel

Major General Ulfat Hussain Shah, the outgoing High Commissioner of Pakistan to Mauritus paid a courtesy call yesterday on the Prime Minister, Sir Anerood Jugnauth, at the Treasury Building in Port Louis, to bid him farewell after having served for two years in Mauritius. They also discussed on strengthening the relation between Pakistan and Mauritius.

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