New strategy seen boosting AGOA exports :: Mmegi Online

The development of an African Growth and Opportunity Act (AGOA) national response strategy is expected to address the challenges that Botswana firms have been facing with regard to exporting, particularly to the United States (US).

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.

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