Home / Knowledge / News / Apparel/Garments / Third country fabric provision under AGOA to boost garment exports
Third country fabric provision under AGOA to boost garment exports
08
Apr '09
Local entrepreneurs in Mauritius have been allowed to use fabric from “Third Country Source” under African Growth and Opportunity Act (AGOA). For intimating this to the local entrepreneurs, Mauritius is going to organize one-week seminar from coming Monday.

According to the experts, Mauritius textile and garment sector can attain greater heights through this Third Country Fabric provision as it is going to help Mauritian textile factories to attract more US apparel buyers.

According to statistics, exports from the textile and garment sector touched US $1.09 billion and accounted for 9.9 percent of overall exports from the country, which goes to show the importance of the sector, in the economy of the country.

AGOA has improved the US market access for 40 Sub-Saharan African countries at a considerable rate. Including Mauritius, there are around 27 countries enjoying approval under AGOA System and have been marked eligible for textile & apparel benefits.

African Growth and Opportunity Act was originally enacted for the period beginning from October 2000 to September 2008, which was amended in July 2004 and extended till 2015. Also a specific dispensation for apparel was extended till year 2007, in the same year.

However, in October 2008 the US congress approved eligibility of Mauritius for the Third Country Fabric Provision till year 2012. Experts see this provision as an opportunity for the textile manufacturing industry to increase exports to the US market during global economic downturn.

Fibre2fashion News Desk - India


Must ReadView All

Ghana makes tax stamp compulsory on imported textiles

Textiles | On 27th May 2018

Ghana makes tax stamp compulsory on imported textiles

To curb illegal imports, Ghanaian authorities will put a tax stamp on ...

Courtesy: Vishal Mega Mart

Apparel/Garments | On 27th May 2018

Partners Group, Kedaara Capital taking over VMM

Partners Group, a private markets investment manager, and Kedaara...

Courtesy: Deckers

Apparel/Garments | On 27th May 2018

Deckers Brands sales soar 8.4% in Q4FY18

Deckers Brands, a global leader in designing, marketing and...

Interviews View All

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Mark Paterson
Technical Absorbents Ltd

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

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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

Leave your Comments


May 2018

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

news category


Related Categories:

Advanced Search