Tough Military Policy Will Affect The Development Of Garment Industry.

2011 the export volume of the fiscal year amounted to US $8 billion 700 million, of which the ready-made garments exports were estimated at US $3 billion 500 million, or 41%, which still rank the largest export earning industry in the country.

The clothing industry in Sri Lanka enjoyed an early quota advantage of exporting to the United States, plus a monthly wage of around $100, which was relatively cheap and of high quality. The garment industry was very popular at that time. In 2005, the number of garment manufacturers in Sri Lanka, including foreign capital, was as high as more than 2000.

In addition, after the 2008 Asian tsunami, the European Union also provided GSP concessions for Sri Lanka exports. According to Sri Lanka's Export Promotion Bureau, it has been 5 years since 2005, and the export volume of Sri Lanka garments has exceeded 3 billion dollars.

Recently, in addition to the abolition of the quota rules for garments in the United States, the local Tamil rebels organized a cease-fire agreement in 2005 and rekindled the war of independence until the beginning of 2009, when the civil war came to an end, and the rebels were unable to fight against the government forces. However, at that time, the government of the Soviet Union still took tough measures and insisted on eliminating that time. It had expressed its willingness to surrender to the leader of the rebel army. The United States and European Union's human rights groups strongly dissatisfied with the government's actions. The European Union abolished the preferential treatment of GSP+ in the early 2010.

Abroad, especially from

Substantially reduced, many buyers still enjoy GSP+ concessions such as Bangladesh and other underground orders, resulting in a sharp reduction in Sri Lanka garment industry.

At present, the number of garment factories in the country has been reduced to about 250 from 2000 in full bloom, and many foreign capital have been withdrawn or pferred to local businesses.

It is still the largest export industry in the country, with a population of about 1 million.

According to the local clothing industry, there are no cloth and garment accessories accessories factories in Sri Lanka, and all the fabrics, accessories, printing dyestuffs and related garment machinery, such as computerized embroidery, rely entirely on imports. For the textile industry, the local market still has ten business opportunities. In addition, the EU Department abolished the GSP+ discount of the country, not the GSP discount, and the EU still enjoys 3% duty-free preferential treatment for the EU.