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South League is suggested to seize textile market with China

South League is suggested to seize textile market with China

Write: Summer [2011-05-20]
The report from Pakistan <> on May.4 show that the minister of Sri Lanka Commerce Ministry said in the round table of "South-Asia freedom trade agenda" that to any textile manufacturer country South who can not compete with China, the only way is carrying out competition with China jointly in international market. With the carrying out of South-League free trade agreement, this alliance become possible. The member countries of South-League should allow exchange their textile product material with the favorable tax rate and play their role to produce the product with high affixation.For example, Pakistan export cotton to Sri Lanka which produce high-quality garment with cotton cloth. Once setting off this trade cooperation within area, they can produce the needed clothes which need not be imported from China.