The US has set new annual limits on duty and quota-free imports of apparel articles assembled from regional and third-country fabric under the African Growth and Opportunity Act (AGOA) in the upcoming fiscal year.
The new figures are released by the Committee for the Implementation of Textile Agreements (CITA) for the year from 1 October 2018 to 30 September 2019.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
For apparel articles wholly assembled in one or more beneficiary sub-Saharan African countries from fabric wholly formed in one or more beneficiary countries from yarn originating in the US or one or more beneficiary countries, the new FY 2019 annual limit is 2,048,357,135 square metres equivalent (SME) – a rise of 1.3% on the previous year.
Of this amount, 1,024,178,567 SME is available for apparel articles imported under the AGOA third-country fabric provision, a special rule for lesser-developed countries that provides preferential treatment for apparel articles assembled in one or more lesser-developed beneficiary sub-Saharan African countries, regardless of the country of origin of the fabric used.
Apparel articles entered in excess of these quantities will be subject to otherwise applicable tariffs.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
