New strategy seen boosting AGOA exports
Tuesday, November 08, 2016
Window of opportunity
The majority of local businesses have always failed to reap the benefits of AGOA, which is a US Trade Act that enhances market access to the US for qualifying sub-Saharan African countries.
According to the deputy permanent secretary in the ministry of investment, trade and industry, Ontlametse Ward despite the market access opportunity for goods and services granted under AGOA, Botswana’s exports remain undiversified. Addressing delegates yesterday at the validation workshop of the draft AGOA national response strategy in Gaborone, she said this impacts negatively on the export sector and growth of the country.
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...