Sustainable Supply Chains as driver for global competitiveness

September, 9, 2020

The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) and the Friedrich Naumann Foundation for Freedom (FNF) in Sri Lanka co-organized a kick-Off conference on the initiative “Sustainable Supply Chains as driver for global competitiveness”.

The initiative aims to raise awareness for the need of sustainability related documentation with Sri Lankan exporters to increase global competitiveness of Sri Lankan companies and to facilitate market access to the EU and US.

Chief Delegate of AHK Sri Lanka, Andreas Hergenroether stated: “The major reason to partner for the initiative was to support Sri Lankan exporters to obtain broader market access. Sustainability standards are a reality. They are partially politically driven, but they are also more and more customer and industry-driven. Besides the existing official legally binding standards, European importers require more and more consumer-driven standards like Fairtrade, Compliance +, and Good Manufacturing Practices”.

In the keynote-speech, Shirendra Lawrence, COO of MAS Holdings, pointed out, how important the transparent compliance with sustainability standards was, to become the largest apparel company in South Asia and a global leader.

During the panel discussion with company representatives of the targeted sectors of apparel, rubber, and food, the Head of the EU-Mission to Sri Lanka and Maldives, Denis Chaibi emphasized that the GSP+, under which Sri Lankan exporters can export a wide range of products custom duty-free to the EU, is among other related to the compliance to international labor standards.