AGOA: a good deal for the EU too
AGOA, the African Growth and Opportunity Act, is helping to reshape the world map of garment sourcing. In the last year, manufacturers in southern Africa have seen their exports to the US grow by 15 per cent, and many are in the midst of an expansion drive to take advantage of their new duty and quota-free status. Last month Jozef de Coster visited a number of textile and clothing factories in Botswana and Zambia to find out how they’re preparing for the future. He also found a number of ways in which the EU clothing industry stands to benefit from the AGOA effect.
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