Sri Lanka, Aug. 1 -- The Exporters' Association of Sri Lanka and the Joint Apparel Association Forum (JAAF) today welcomed and commended the significant progress achieved in the trade negotiations between Sri Lanka and the United States, which have led to a reduction in tariffs on Sri Lankan exports to the U.S. market-now lowered to 20%.

"We express our sincere appreciation to the Government of Sri Lanka and, in particular, the dedicated efforts of the negotiation team led by Dr. Harshana Suriyapperuma," the Exporters' Association said in a statement.

It said this achievement reflects the strategic foresight, persistence, and professionalism of the team in navigating a complex international trade environment to secure more favorable ter...