BOI supports MAGIC, N. America’s largest apparel, sourcing show
TRADE SHOW: Minister of Enterprise Development and Investment
Promotion Dr Sarath Amunugama, spoke to leading personalities in the
garment industry on the support the BOI will be providing to MAGIC, the
leading apparel and sourcing trade show in North America.
He confirmed that his Ministry would actively promote the event
through the BOI. At this event, which will be held in Las Vegas at the
end of August, a Sri Lanka pavilion will be exhibited.
The event is organised by MAGIC International Advanstar
Communications Inc. It is a very important event for the apparel trade
because over 30 countries are represented, thus offering entrepreneurs
the opportunity to meet new trading partners.
The event is important, as MAGIC buyers have in the past made
purchases worth US$181 million. Often Vice Presidents of companies
attend the event.
Dr. Amunugama said, stressing the strategic importance of the garment
industry, “The BOI is committed to promote the apparel industry
manufacturers for the high labour standards maintained.”
The Minister also spoke of how effectively Sri Lankan products,
notably garments, had gained access to markets in the European Union for
having maintained high standards in labour rights and working
conditions. |