Blog: Leonie BarrieSri Lanka’s GSP+ is going...

Leonie Barrie | 17 February 2010

There are two lessons to be learned from the EU’s decision to remove Sri Lanka’s GSP+ trade benefits. The first, from a supplier point of view, is the proverbial “don’t put all your eggs in one basket.”

And the second is that it’s easy to forget the reason these countries get preferences is because they’re developing countries that need assistance. And that inevitably makes them more volatile as a supply base.

Retailers and exporters who have invested heavily in the country in recent years – encouraged by a combination of duty-free benefits, skilled workers, and good track record on ethical trading – now have some important decisions to make.


BLOG

Trump spares textile machinery in tariff spat

Hundreds of US imports from China will be hit with an additional 25% tariff from next month – but to the relief of the US textile, apparel and footwear industry, most of the equipment used in the dome...

BLOG

Esquel's eco-friendly manufacturing complex

Hong Kong-based Esquel Group, the world's largest woven shirt maker, has been bedding-in operations at a ground-breaking new $313.3m eco-friendly manufacturing complex in southern China....

BLOG

Tariffs back at top of Trump's trade agenda

Tariffs soared back to the top of Trump's trade agenda last week, with the imposition of punitive tariffs on imports of steel and aluminium, and plans to proceed with an additional 25% tariff on impor...

BLOG

Digitalisation goalposts constantly evolving

The debate and discussion around digitalisation continues to top the apparel industry’s agenda – but as Spencer Fung, group CEO of Li & Fung explains, the goalposts are constantly evolving....

just-style homepage



Forgot your password?