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Bracing up for the post AGOA period

Published on October 19, 2016

Next time you pick up sporting gear or a pair of jeans in a U.S. mall, do check the label. It may have been made in Lesotho, a small, mountainous and land-locked country completely surrounded by South Africa, with a population of around two million.  

Lesotho is a beneficiary of the Africa Growth and Opportunity Act (AGOA), which allows over 6,400 products from eligible sub-Saharan African countries to enter the U.S. market duty-free. 

The country has made big strides in the garment industry with U.S. exports estimated at US$330 million in 2015, against US$140 million in 2000. Today, according to the Lesotho Textile Exporters Association, about 80% of Lesotho's textile and garment exports go to the U.S. Read more. Source | New Times