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Kenya plans to review trade strategy to raise its exports to US

Related Keywords: African Growth and Opportunity Act, boost exports to United States, Chris Kiptoo, Export processing zone, in-depth review of current trade strategy, Kenya plan to conduct, Kenya exports to US, mainly textiles and apparels, Principal Secretary in the Ministry for Trade, success as well as to suggest interventions, take stock of its implementation

Kenya plan to conduct an in-depth review of the current trade strategy in order to take stock of its implementation and success as well as to suggest interventions to boost exports to the United States, Chris Kiptoo, Principal Secretary in the Ministry for Trade.

The first African Growth and Opportunity Act (AGOA) strategy for Kenya was developed in 2012. Under the trade agreement, most of sub-Saharan African countries are allowed to export some products duty free to the U.S. market. Kenya’s exports to U.S. comprise mainly textiles and apparels made in the export processing zones.

Kenyan government sees potential for cotton revival

Related Keywords: African Growth and Opportunity Act, AGOA exports, apparel exports to the U.S. growing, importing Asian fabrics, Kenya Association of Manufacturers, Kenya government, Kenyan Export Processing Zones, Kenyan farmers, manufacturers in East Africa, potential for cotton, seed cotton

Kenya government sees potential for their cotton through the AGOA exports which is a strong motivation to grow the industry this year after the U.S. extended its African Growth and Opportunity Act, or AGOA, by a decade. The initiative comes as manufacturers in East Africa’s biggest economy are counting on apparel exports to the U.S. growing.

AGOA to give a strong impetus to African textile and garment industry

Related Keywords: African Growth and Opportunity Act, AGOA, allows duty-free imports, cotton important factor, driving many Turkish, Ethiopia and Kenya, Indian and Chinese textile companies, need to improve energy costs and transportation cost, rise production, the United States, wide range of African textile and garment products, worlds biggest market

Ethiopia and Kenya both countries face challenges such as poor infrastructure, cumbersome customs procedures, a dearth of technical and managerial talent and low levels of social and environmental compliance although with Ethiopia offering cost advantages and Kenya boasts higher production efficiency.

U.S. Congress renews AGOA for another 10 years will boost US-Africa trade

Related Keywords: African Growth and Opportunity Act, AGOA, allows African nations, clothing industry, duty free access to US markets, fast track trade authority, for another 10 years, Textiles, US Congress renewed the act, Walmart

The African Growth and Opportunity Act (AGOA), a 15 year old law which had been due to expire at the end of September, allows sub-Saharan African nations duty-free access to U.S. markets for certain goods such as textiles has been renewed by the U.S. Congress. This makes Africa the latest continent wrapped up in a spree of trade legislation clearing through Congress.

Congress cleared the legislation a day after it gave President Barack Obama “fast-track” trade authority to put trade deals, such as the impending Trans-Pacific Partnership, before Congress for an up-or-down vote.

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