Home / Knowledge / News / Apparel/Garments / Clothing exports under AGOA to get fillip
Clothing exports under AGOA to get fillip
13
Mar '10
Due to various reasons and challenges, Nigerian entrepreneurs from the textile and clothing sector, have not been able to take full advantage of the African Growth and Opportunity Act (AGOA), which entails zero-duty exports to the US.

However, all that is set to change now. The Nigerian Export Promotion Council (NEPC) has proposed a special incentive package for the over 500 trainees, who graduate from the Human Capital Development Centre (HCDC) also called the AGOA Training School.

Amongst the reasons for poor exports under AGOA are the non-competitive business environment in Nigeria, lack of infrastructure facilities, high cost of funds and a variety of taxes, all which have only helped in increasing cost of production.

NEPC will design a package of incentives that could be adopted to provide a stable source of income for the trainees, who would also be provided the opportunity to participate in the design of the post training incentive package.

HCDC was set up with the objective to train entrepreneurs in producing quality clothing like, T-shirts, boxers, shirts, etc, that meet the requisite standard for the United States market and to also help them become sustainable exporters.


Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 5th Dec 2016

EC proposes new tax rules to support e-commerce in EU

The European Commission (EC) has unveiled a series of measures to...

Apparel/Garments | On 5th Dec 2016

Traders to intensify adoption of digital payments

Adoption of digital payments in their existing business format would...

Textiles | On 5th Dec 2016

US textile & apparel exports down 6.44% in Jan-Sept ’16

The exports of textile and apparel from United States were down 6.44...

Interviews View All

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Bani Batra

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search