U.S. Ambassador to Sri Lanka, Julie Chung, stated that the U.S. apparel manufacturing sector is projected to generate USD 365 billion in revenue in 2025, highlighting potential benefits for Sri Lankan businesses looking to expand operations in the U.S.
Speaking at the Sri Lanka Apparel Exporters’ Association’s annual general meeting, she emphasized that Sri Lankan companies could take advantage of reduced shipping times, lower tariffs, and quicker market response by setting up operations in the United States.
Ambassador Chung also pointed out that with the new U.S. administration, the country remains open for business, expecting a rise in investments and trade opportunities. She encouraged Sri Lankan companies to view U.S. expansion as a strategic move to build a resilient and competitive future in the global market.
She further acknowledged the Sri Lankan government’s commitment to good governance and stressed that foreign investors prioritize transparent procurement processes, fair competition, and the enforcement of contracts.
