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Workshop to enliven non-oil exports

11 Aug '06
3 min read

A workshop, the second on the Continent for Expanding Export Opportunities was coordinated by the West African Trade Hub (WATH) and the United States Agency for International Development (USAID).

About 18 West African countries in Accra, participated in the workshop of business operators.

According to a statistics derived from the WATH illustrated that 85 percent of all AGOA exports were from the petroleum and petroleum products sector.

It was projected to stimulate non-oil exports; assist private sector participants and further the work of the regional trade hub programme, which provides training, technical assistance and contact opportunities to export-ready producers.

Even though the textile and garment sectors were most attractive there was need to explore other sectors satisfactorily to ensure the full benefit of what the US market stands to offer.

All countries participating in the programme were urged to work efficiently to support companies signed up to position themselves adequately to take advantage of the immense benefits that AGOA offered.

AGOA was introduced in 2000 by the US Government as window for African countries to leap onto the US market under a special programme where specific products of economic advantage to each country was produced under set standards for retail shops in the US.

AGOA waives duties on more than 6,000 products that Africans can take advantage of in the duty-free area.

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