Home / Knowledge / News / Apparel/Garments / Bill for extension of third-country clause in AGOA introduced
Bill for extension of third-country clause in AGOA introduced
30
Jul '11
A Bill has been introduced in the US Congress seeking extension of the current African Growth and Opportunity Act (AGOA) regulations on third-country fabric till 2015. The clause of third country fabric in the AGOA is scheduled to expire in September 2012.

If the bill is passed, it would largely benefit the garment export sector of AGOA beneficiary African countries.

The Bill acquires urgency as major international buyers generally plan their sourcing at least six to twelve months in advance. The early passage of the Bill would remove the currently prevailing uncertainty about the future of the garment industry in AGOA beneficiary countries.

From the US perspective, the proposed legislation is not very significant as garments from African countries form only a small fraction of the overall US apparel imports. But, the provision is an important lifeline for garment exporters from countries like Kenya and Lesotho.

Hence, at the recent AGOA meeting held in Lusaka, the African Clothing and Textile Industries Federation (ACTIF) and other AGOA countries had asked for the extension of third-country clause.

The proposed legislation also seeks to include the newly-independent Republic of South Sudan in the list of AGOA-eligible countries.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 26th May 2017

Lenzing unleashes new eco-friendly fibre

There's a new eco-friendly fibre on the anvil—Austrian speciality...

Apparel/Garments | On 26th May 2017

Benetton seeks approval for FDI in single-brand retail

Global fashion brand Benetton Group, has sought Indian government's...

Apparel/Garments | On 26th May 2017

Walmart to conduct GST workshops for SME suppliers

With the objective of supporting its small and medium-sized (SME)...

Interviews View All

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search