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.
Speaker of the National Assembly, Dithapelo Keorapetse, has this week rightly washed his hands of the mess, refusing to wade into a party squabble that has no clear leadership and no single version of the truth.When a single party sends six different letters to the Speaker’s office, each claiming to be the authoritative voice, it is not just confusion, but an embarrassment.Keorapetse is correct to insist on institutional boundaries. Parliament...