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.
Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...