African textile, apparel sector urges US to renew “cornerstone” trade programme| glObserver Global Economics

  African textile and apparel manufacturers have raised concerns that the US Congress is running out of time to renew a major trade programme that has contributed to increasing employment and attracted investments into the region.


The non-reciprocal trade preference scheme, which was signed into law in 2000, is intended to offer incentives for African nations to continue their efforts to “open their economies and build free markets”, according to the US Department of Commerce. Agoa has been described as “the cornerstone” of the US-African commercial relationship, according to experts at the Brookings Institution, a large US research centre.

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Author: globserver

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