Cabinet Approves Agreement for Global Textiles and Apparel Program with Switzerland

Date:

July 03, Colombo (LNW): Cabinet approval has been granted to sign the proposed agreement on the Global Textiles and Apparel Program between the Sri Lanka Export Development Board (EDB) and the Swiss State Secretariat for Economic Affairs.

The government has proposed entering into a project agreement with the Swiss State Secretariat for Economic Affairs and the EDB for the implementation of the second phase of the Global Textile and Apparel Program. This initiative aims to support the transformation of Sri Lanka’s textile and apparel industry by promoting digitization and moving towards quality green products.

The proposal, presented by the President in his capacity as Minister of Investment Promotion, was approved by the Cabinet, paving the way for Sri Lanka to seek support from the Global Textiles and Apparel Program for industry advancements.

Share post:

spot_imgspot_img

Popular

More like this
Related

Rs.10 Billion 5G Auction Opens New Digital Chapter

Sri Lanka has taken a decisive step toward next-generation...

Small Firms Face Long Road Back After Cyclone Shock

Cyclone Ditwah has laid bare the fragility of Sri...

From Disaster to Reform: Cyclone Ditwah Tests Capital Market Strategy

Cyclone Ditwah has done more than damage physical infrastructure...

WEATHER FORECAST FOR 20 DECEMBER 2025

Several spells of showers will occur in Eastern, Uva...