After EU GSP+, US GSP blow now comes Turkish throttle for apparel

Friday, 21 January 2011 03:16 - - {{hitsCtrl.values.hits}}

First it was the removal of EU GSP+ followed by the suspension of US GSP scheme and now the apparel sector has got another jolt with Turkey imposing some restrictions.

Joint Apparel Associations Forum (JAAF) Consultant K.J. Weerasinghe yesterday alerted Industry and Commerce Rishard Bathiudeen the protectionist measures taken by the Turkish authorities recently will certainly destroy Sri Lanka’s potential of the garment and textile exports to Turkey amounting to US $ 90 million at present.

Weerasinghe along with the leading industrialists briefed the Minister that there will be an immediate loss of employment opportunities up to 20,000 if this measure is implemented by the Turkish authorities.

In response to the concerns expressed Minister Bathiudeen assured the Sri Lankan garment industrialists and industry representatives that the Sri Lankan Government would certainly approach the Turkish authorities at the highest political level appealing with them to remove the restrictions which adversely affect the Sri Lankan garment industry.

During the meeting with the apparel industry leaders the need to formulate the country’s strategy in dealing with Turkey’s move was discussed.

Ministry officials also explained the action taken by them in association with all stakeholders.

The Minister assured the industry representatives that appropriate representations will be made on an urgent basis.

The industry leaders appreciated the prompt action initiated by the Industry and Commerce Minister to protect the Sri Lankan garment industry.