Local entrepreneurs miss AGOA train
Friday, November 18, 2016
Botswana companies have duty free access to USA under AGOA
While numerous efforts have been made to motivate businesses in Botswana to take advantage of this programme, recent findings point to the lack of awareness on AGOA and the requirements of the United States (US) market. Throughout the years, Botswana exported two commodity items to the US, textiles and stone or glass, which is predominately diamonds.
Despite the duty-free, quota-free benefits accorded under AGOA, coupled with the third-country fabric (TCF) provision, Botswana’s textile or apparel exports to the US are said to have not increased over the years.
That rare sight deserves heartfelt praise, not only for President Duma Boko and his administration, but also for the Botswana Democratic Party (BDP), the Umbrella for Democratic Change (UDC), the Mogae family, and the entire country.President Boko’s decision to grant a full state funeral to a man who belonged to a rival party was a mark of true statesmanship. He recognised that national leadership carries a weight that belongs to the whole...