US INDUSTRY COULD FACE GREATER COMPETITION FROM SUB-SAHARAN AFRICA WITH WTO TRADE FACILITATION, AGOA
December 1st, 2013
APPAREL and textile exporters operating in sub-Saharan Africa, including Chinese- and Indian-owned companies, could create a more effective export-oriented manufacturing based in the region following the new World Trade Organisation (WTO) agreement on trade facilitation, experts predict.The WTO deal will expedite existing trade through removing import-export red tape, helping manufacturers import inputs as well as pushing finished product out of ports that in many developing countries have inefficient customs regimes, noted Julie Hughes, president of United ...
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