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PTA can boost fabric & yarn trade between Sri Lanka & Bangladesh

Recently, Sri Lanka requested that Bangladesh resume negotiations on a proposed PTA, aiming to increase bilateral trade between the friendly nations. The Lankan High Commission in Dhaka has suggested a virtual meeting next week to discuss the current status and the path forward. 

Post COVID-**, Sri Lanka&#**;s fabric exports to Bangladesh nearly doubled in two years, reaching $**.*** million in ****, up from $**.*** million in ****. Sri Lanka exported fabric worth $**.*** million in ****, $**.*** million in ****, $**.*** million in **** and $**.*** million in ****. Fabric imports from Bangladesh were noted at $*.*** million in ****, $*.*** million in ****, $*.*** million in ****, $*.*** million in **** and $*.*** million in ****, according to Fibre2Fashion&#**;s market insight tool TexPro.