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Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.

 

Exports sector : Bracing for impact, ready to rise

Monday, October 19, 2020 > 10:31:27
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National.lk



While economists forecast a downward trend in economic growth for the next few years, the damage to the export sector as a result of the most recent outbreak of Covid-19 in Sri Lanka is yet to be assessed, with exporters expecting a definite negative impact. 



Akin to kicking a man when he’s down, Sri Lanka’s struggling export sector has been thrown into chaos following the eruption of another cluster at a prominent apparel factory. 



Senior economist and former Central Bank Deputy Governor Dr. W.A. Wijewardena pointed out that the export sector, which was showing an upward trend in the last few months, would now face further setbacks.



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