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Sri Lanka’s apparel export sector likely to face challenge of TPP

Related Keywords: apparel export industry, blow to South Asian nation, Brandix, expected to experience downfall, fast-changing global trade environment, found design to deliver supply chain, GSP Plus status, Joint Apparel Association Forum, Sri Lankan garment exporters, Sri Lankan textile exports, US led TPP trade pack, Vietnam

Sri Lankan textile exports are expected to experience a downfall because of the U.S. led Trans Pacific Partnership (TPP) trade pact. Competition from TPP signatories such as Vietnam could deal a blow to the South Asian nation's apparel export industry, which currently employs half a million Sri Lankans and provides 44 percent of all manufactured goods exported by the country.

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