Home / Knowledge / News / Apparel/Garments / SL Minister vows to protect apparel exports from TPP
SL Minister vows to protect apparel exports from TPP
May '16
Sri Lanka's apparel industry would be safeguarded from the Trans-Pacific Partnership (TPP) agreement which can potentially trigger trade diversion from the island nation, its Minister of Commerce and Industry Rishad Bathiudeen has said.

"We need to be able to carefully address the new Trans-Pacific Partnership (TPP) Agreement. We in the government understand that TPP is a trade challenge in the future and are currently studying it," the Minister said.

"Under the TPP tax free garment export opportunities are made available to our competitor countries in the South East Asian region. Since no detailed information is available on TPP for us to understand its impact in a clear way we need to continuously watch for latest developments in this regard," he said.

At the launch of the Ransalu Pranama Combo Card jointly by Joint Apparel Association Forum (JAAF) Sri Lanka, Channel 17, Mobitel and Commercial Bank in Colombo earlier this week, Bathiudeen said the TPP is not a trade challenge only for Sri Lanka but it even affects trading systems of its own 12 member countries .

The Minister said Sri Lanka however, can generally expect some major aspects that could change and advised the apparel manufacturers to safeguard their designs.

"For example at present it appears that copyright and trademark could become a key aspect in TPP. Therefore it would be advisable for Lankan apparel designers to consider international copyright protection requirements for their designs in the future," he said adding that the government is willing to support the Lankan apparel sector to safeguard its international copyrights and to sustain its competitiveness if necessary.

Despite adopting a combative stance vis-a-vis the TPP, Bathiudeen also sought to play down any suggestion of a looming threat by the world's biggest trading bloc. He even suggested that a rash of new Free Trade Agreements by Sri Lanka could neutralise any potential threat of the TPP.

"More importantly as we get closer to various new FTAs such as the China FTA, Singapore FTA etc. under the economic vision of the government, the TPP may not be such a big worry or a challenge. Once the FTAs are implemented and when we start collecting their trade benefits, today's challenges from TPP may not be as strong as we expected them to be. Also given the competitive and dynamic nature of our apparel manufacturers I am confident that we could overcome TPP effects especially in the medium to long term," he said. (SH)

Fibre2Fashion News Desk – India

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search