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

Textiles | On 23rd Jun 2017

Textile ministry organises training workshop on GST

The ministry of textiles had organised training workshop on GST which ...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Textiles | On 23rd Jun 2017

Ralph Lauren ex-president Tiger of Sweden's new CEO

Hans-Christian Meyer, former president of Ralph Lauren Corporation,...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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:
June 2017

June 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