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Sri Lanka Wants To Jointly Develop EU Market With China

2010/9/3 12:03:00 38

Sri Lanka European Union Shoes

   Sri Lanka Footwear industry and Luggage and bags The industry is a key industry supported by the Sri Lankan government. At the beginning of last year, in order to stimulate the development of export trade, the Sri Lankan government issued an export incentive policy: the export revenue of the export enterprises reached 90% of the 2008 revenue and the employees could not be abolished, so they could receive a 5% reward from the government. At that time, the policy was only applicable to the export of leather products.


Unlike the EU's anti-dumping duties on Chinese shoes, Sri Lanka products can enter EU countries with zero tariffs. The Sri Lankan government also announced that it would allow imports of machinery and raw materials to produce leather products with zero tariffs. In addition, Sri Lanka has signed free trade agreements with two neighboring markets, namely India and Pakistan.


With the favorable external conditions, Sri Lankan government hopes to strengthen its own construction, promote exchanges and development with China in shoemaking, luggage and accessories industry, exchange information and exchange technology, and Sri Lanka's Ministry of industrial development intends to organize Sri Lanka. Famous shoemaking enterprises Industry and luggage accessories business delegation visited the China International Footwear Exhibition and inspected and visited the enterprises concerned, and discussed technology import, investment in Si, joint venture and cooperation.


Sri Lanka has the advantage of exporting zero tariffs and free trade to the European Union and India and other South Asian countries. Combined with the equipment and technology of China's footwear industry, China and Sri Lanka can adopt flexible and diversified cooperation ways to jointly develop the EU market. The visit of Sri Lanka delegation has played an important role in promoting exchanges and exchanges in foreign trade between Chinese enterprises and exhibitors, bringing new markets and new business opportunities.

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