EU Orders To Resume Clothing In Burma Are Expected To Open Trade In June.
Burma "seven days" reported on May 19th, according to Wu Minleng, chairman of the Burma clothing association, with the lifting of the new crown prevention and control related restrictions lifted, the EU countries have begun to contact clothing orders matters, is expected to be able to get orders in June. For Burma garment industry, which has gone through more than 2 months' epidemic, it will usher in an excellent prospect, which is also good news for 600 thousand garment workers.
Affected by the epidemic, Burma garment factory is facing difficulties such as layoffs, wage cuts and shutdowns. In the field of garment processing in Burma, the EU market accounts for 65%, that is, 65 of the 100 garments are entering the EU market. In recent years, EU orders have increased year by year, showing an annual growth rate of 30%. In the first 6 months of fiscal year 2019/20, exports amounted to US $2 billion 300 million, an increase of US $more than 200 million over the same period last year.
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