Home / Knowledge / News / Textiles / Experts seek extension of AGOA's third-country clause
Experts seek extension of AGOA's third-country clause
20
May '11
Ahead of a Minister's Meeting, a mid-term review meeting of the African Growth and Opportunity Act (AGOA) was held at Mulungushi International Conference Centre in Luaska recently.

Experts at this review meeting, suggested to extend the third-country fabric clause for 10 years, and also requested the US to extend its support to Africa on sanitary matters.

They claimed that, if the third country clause in the AGOA which is set to expire in 2012 is not extended, it would cause the African nations to suffer adversely.

Professor Festus Fajana, African Union Expert on Trade Policy in his presentation too, said that the clause should be extended, while representatives of all the 20 countries attending the meeting extended their support to his presentation.

Fajana said that, a study undertaken in the East, West and South Africa is indicative of the need to make AGOA permanent and extend the third country fabric clause for 10 years to boost the country's cotton capacity.

The African Ministers stressed to push for the extension of the third country clause beyond 2012 and even the AGOA agreement beyond 2015.

As stated by the US, from September 2012 onwards it would not allow import of those garments, which exporting countries have produced by sourcing raw materials from a third country.

As stated by the United Nations Economic Commission for Africa (UNECA), there is a need to revise the Rules of Origin (RoO), so as to help the African countries to continue manufacturing products at competitive rates by procuring raw materials at low-cost from other countries.

UNECA Chief of Trade and International Negotiations, Dr Stephen Karingi here said that, in order to encourage creation of value chain in the Sub-Sahara African region, the RoO should be revised to allow textile industries in the region to source low-cost raw materials from nations across the world.

He said that, the countries qualifying under the AGOA should rise above the supply-side constraints by reducing and easing the customs procedures and obligations and by establishing national focal points.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: BGMEA

Apparel/Garments | On 27th Feb 2017

'Brands & buyers should help Bangladeshi factory owners'

Brands and buyers should come forward to help factory owners in...

Apparel/Garments | On 27th Feb 2017

Myanmar sets up new committee to revise minimum wage

The Government of Myanmar has set up a new committee, replacing an...

Courtesy: PT Indonesia Taroko Textile

Textiles | On 27th Feb 2017

Taiwan's Lealea to buy Tarako textile plant in Indonesia

Taiwan based textile manufacturer Lealea Enterprise Company, one of...

Interviews View All

Binoy Ravjani
Hero's Fashion

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

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Kevin Nelson
TissueGen

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Robert Brunner
Devereux

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

Silvia Venturini Fendi
Fendi s.r.l

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search