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US/Africa: Apparel brands and retailers urge AGOA renewal

Groups representing various apparel manufacturers, brands and retailers in Africa and the US are calling for the swift renewal of the African Growth and Opportunity Act (AGOA) before its expiry in September 2015. Groups backing the calls for immediate renewal of AGOA include: African Cotton and Textile Industries Federation (ACTIF), American Apparel & Footwear Association (AAFA), National Retail Federation (NRF), Outdoor Industry Association (OIA), Retail Industry Leaders Association (RILA), and United States Association of Importers of Textiles and Apparel (USA-ITA).

As sourcing decisions are made many months in advance, the groups want AGOA to be renewed as soon as possible that is by 2013 and no later than 2014. Another goal is to see AGOA renewed for a longer period; at least 15 years to ensure the predictability necessary to support trade and investment decisions.

Short term renewals will not provide enough certainty to enable the industry to make capital intensive investment decisions necessary to attract textile investments or affect long term sourcing partnership decisions. Another call is for long-term renewal of the third country fabric provision, which has become central to AGOA.

http://trade.gov/agoa/

 
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