Strong opportunities for UK retailers in Sri Lanka
Sri Lanka's exports to the UK grew 36 percent last year, confirming
the UK as Sri Lanka's top export destination in Europe. British High
Commissioner John Rankin welcomed this growth and said the continuing
strong opportunities for British companies in the Sri Lankan market. He
said, "These latest figures demonstrate the strong demand from British
buyers for high quality goods manufactured in Sri Lanka, notably in the
apparel and clothing accessories sector.
M&S, Next, George for Asda, and Tesco all operate sourcing offices in
the country. Overall, there are over 100 UK companies operating in Sri
Lanka.
"Trade and investment is a two-way relationship and I look forward to
further growing British exports to this country.
People in Sri Lanka share a strong affinity with high quality UK
brands and there is continuing demand for top class British products,
from food and drink to highly engineered equipment, " he said.
UK retail brands have identified Sri Lanka as a strong supply
partner, due to the country's labour standards and the success of Sri
Lankan apparel sector's 'Garments without guilt' campaign which focused
on ethically-made clothing i.e. free of child labour, sweatshop
conditions and forced labour while ensuring sustainable manufacturing
practices.
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