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Olympic president Thomas Bach urged by IOC members to extend term limit and seek 4 more years_我的网站

一 |     Colombo, Oct 17 (UNI) Coats International Global CEO Rajiv Sharma says he is confident that Sri Lanka’s apparel industry will rebound and the economy will bounce back.
“It’s actually happening as we speak, despite the last three months of unrest and confusion,” the Daily FT newspaper on Monday quoted him as saying.
Sharma, who was on a flying visit to Sri Lanka to meet customers and employees, says the vibe was very good in the country. “You could never get a Sri Lankan down or depressed because there’s always happiness, optimism and a belief that tomorrow will be better than today."
The CEO says the support the country gets internationally was clearly seen, owing to the goodwill Sri Lanka has built over several decades.
“I meet customers in Europe and the US who are empathetic and are genuinely willing to support Sri Lanka and its apparel industry. Everyone wants to go the extra mile with their support. The way I see it, this crisis is just a bump along the road to greater prosperity for Sri Lanka.”
Sharma also spoke positively about the global market.
“There is no demand destruction happening at a large-scale. So I believe the world economy will continue to be resilient. While there will be intermittent shocks, if you break it down into its components, I think the US and the Americas broadly, will be less impacted by what’s happening globally.”
He added that Europe was in a difficult spot and would remain an area of concern as the chances of a recession have increased, but says Asia was looking relatively strong.
The Coats Global CEO says Sri Lanka is special for the industry and Coats because of its people.
“It is the human capital in this country that allows it to punch above its weight. When you meet people in the industry, there’s optimism, expertise, courage and specialisation based on a track record of delivery. There are industry giants that have originated from Sri Lanka.”
Sharma says the kind of garments manufactured locally were very complex and cannot be transported or made in Africa or some other country, adding that Sri Lanka has the skill, modern machinery and good management that is needed for delivering this complexity, in abundance.
The CEO says his wish to have more employees from Coats Sri Lanka taking on regional and global roles in Coats.
UNI MR。    MUMBAI, India -- IOC president Thomas Bach was urged by its members on Sunday to change Olympic rules on term limits and seek four more years as president.Bach’s presidency is due to end in 2025 – a 12-year maximum agreed in anti-corruption reforms passed after the Salt Lake City bid scandal broke in the 1990s.However, citing the recent years of global crises, several of the 99 International Olympic Committee members opened their annual meeting Sunday suggesting they needed more of Bach's leadership that started in 2013.The Olympic movement needed “to go through this period of torment with a president who has proved his mettle,” African sports leader Mustapha Berraf said.“We really need to be able to rely on the leadership you have shown,” said IOC member Luis Mejia Oviedo of the Dominican Republic.Though Bach has never publicly sought a term limit-busting third mandate, the option has been spoken of in international sports circles since he was re-elected in 2021 at a meeting held remotely during the COVID-19 pandemic. The IOC gives its president a first term of eight years.“I cannot hide how that went straight to my heart,” Bach told IOC members of their praise at its annual meeting being held in Mumbai.Bach cautioned the presidential term limit is enshrined in the IOC’s book of rules and principles. “I’m very loyal to the Olympic Charter,” the German lawyer said. “Being a co-author of this Olympic Charter drives me to be even more loyal.”Extending Bach’s term would need a proposal submitted ahead of an annual meeting, known as the Session. The next is scheduled in July in Paris on the eve of the 2024 Summer Games.Only one IOC member has publicly spoken about a possible leadership bid: World Athletics president Sebastian Coe, a two-time Olympic champion in the 1,500 meters, head of the 2012 London Olympics organizing committee and a former elected lawmaker in the British parliament.Coe turns 70 in September 2026, the year his IOC membership should expire, and a 2025 election should be his only option.A diplomatically expressed counter to extending Bach’s term was suggested by gymnastics federation president Morinari Watanabe, who has been speculated as a possible IOC leadership candidate.“You guided us all that sports organizations must follow rules and have high integrity under good governance,” Watanabe suggested. “Sports demonstrate discipline and the spirit of fairness to society.”“I love you, Mr President Thomas Bach,” the Japanese official said, “because I believe you are a correct person.”Bach replied: “Thank you for your love.”—-AP Olympics: https://apnews.com/hub/2024-paris-olympic-games。

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