Groz-beckert
Coats digital transformationCoats digital transformationCoats digital transformationCoats digital transformation
Coats digital transformation
Groz-beckert
spot_img
Coats Gigital

Rwanda says withdrawal of AGOA benefits US discretion

raising the US Government for having unilaterally initiated the African Growth and Opportunity Act (AGOA), the Rwandan ministry of trade and industry recently said it is Washington’s discretion to withdraw AGOA benefits. The US decision was a result of a move by East African countries to raise tariffs on used clothes to promote the local textile industry.

“AGOA is a commendable unilateral gesture to African countries, including Rwanda, meant to promote trade and development through exports. The withdrawal of AGOA benefits is at the discretion of the United States,” Rwandan news organisations quoted the ministry as saying in a statement.

In 2006, the heads of state of Kenya, Rwanda, Tanzania and Uganda agreed to take measures to gradually phase out import of second-hand clothing.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
AMEC AMETEX
spot_img
spot_img
spot_img
spot_img
GO WIPES

Related News

Kenya’s Apparel Sector Faces Uncertainty as AGOA Expiry Threatens Over 66,000 Jobs

More than 66,000 jobs in Kenya’s garment and textile...

Uncertainty Around AGOA Renewal Prompts Africa to Rethink Trade Strategies

As the 25-year-old African Growth and Opportunity Act (AGOA)...

Trump’s Tariffs Disrupt African Trade as AGOA Crumbles: Calls Grow for Regional Strategy

Africa Faces Historic Trade Shock In April 2025, U.S. President...

Kenya’s Textile Industry and AGOA: Past Benefits and Future Uncertainties

The African Growth and Opportunity Act (AGOA) has been...

Rieter, ARISE IIP, and Afreximbank Sign Framework Agreement for Africa Textile Renaissance Plan

ARISE IIP, the pan-African developer and operator of world-class...

Bangladesh’s Textile Success: A Blueprint for Africa’s Economic Advancement

Bangladesh, once grappling with economic devastation and poverty, has...

Kenya’s Government Boosts Cotton Industry with 38% Price Increase

Kenya's government has implemented a significant 38 percent increase...

Countdown Begins: 100 Days to EATLW!

With just 100 days remaining until the highly anticipated...

Alitheia IDF’s $5 Million Investment in IVILI Group, Empowering South African Women in Textile Industry

In a groundbreaking collaboration, Alitheia IDF, the first dedicated...

SCZONE Textile Projects Valued Over $100 Million in West Qantara Industrial Zone

Mr. Waleid Gamal El-Dien, the Chairman of the Suez...

TRIFED Hosts Exhibition of Traditional Tribal Art, Artifacts, Paintings, Pottery, Textiles at Bharat Mandapam

The Tribal Cooperative Marketing Development Federation of India Ltd....

The Clothing, Textiles, Footwear, and Leather (CTFL) Industry is a Big Deal in South Africa

The Clothing, Textiles, Footwear, and Leather (CTFL) industry is...