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Cabinet Approves Agreement for Global Textiles and Apparel Program with Switzerland

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.

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