Sri Lanka
Monday, 13 March 2017
Sri Lanka’s Prime Minister Ranil Wickremesinghe says the country needs to focus on diversifying its exports away from just textiles and garments if it wants to remain globally competitive. He noted that the country is facing increasing competition from nearby states like Bangladesh where wages are significantly lower than in Sri Lanka. Wickremesinghe says that electronics and robotics could present new export opportunities. (Fibre2Fashion)