Home / Knowledge / News / Textiles / SL-India to ink MoU on textile-clothing cooperation
SL-India to ink MoU on textile-clothing cooperation
07
Nov '12
Mr. Anand Sharma
Mr. Anand Sharma
Steps are being taken to sign a memorandum of understanding (MoU) for cooperation in the area of textiles and clothing between India and Sri Lanka, Mr. Anand Sharma, India’s Minister of Commerce, Industry and Textiles, informed Sri Lanka’s External Affairs Minister Prof. GL Peiris, who was in India to attend the 12th Council of Ministers Meeting of the Indian Ocean Rim Association for Regional Cooperation (IOR-ARC).
 
The MoU deal would include steps for technology upgradation like reformation and revival of Sri Lankan textile industry, technology transfer, boosting skill development in textile industry and strengthening trade ties between the two nations by easing entry of Sri Lankan apparel exporters in big buying houses of India.
 
The two Ministers also discussed about the proposed increase in the apparel export quota for Sri Lanka in lines with the India-Sri Lanka Free Trade Agreement to further enhance the prospects of the deal. 
 
The Sri Lankan Minister commended Mr. Sharma’s recent visit to Sri Lanka, which resulted in several productive developments like announcement of new economic cooperation measures between the two nations, and rapid follow-up of the same by officials of both countries.
 

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Chanel

Fashion | On 26th Jul 2016

Chanel acquires 4 silk companies to firm up supplies

Continuing its trend to secure access to high-end raw materials,...

Courtesy: Donna Karan

Apparel/Garments | On 26th Jul 2016

G-III Apparel Group to acquire Donna Karan International

Marketer of branded apparel G-III Apparel Group will acquire Donna...

Apparel/Garments | On 26th Jul 2016

Set up Knitwear Board in Tirupur: SIHMA tells govt

The South India Hosiery Manufacturers Association (SIHMA) has urged...

Interviews View All

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Suresh Patel
Sidwin Fabric

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
june 2016

F2F Magazine

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search