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Related Keywords: African Growth and Opportunity, AGOA Extension, AGOA Forum, discuss trade and economic issues, duty free access, eligible African countries, held in Gabon, into United States, meet specific eligibility, non reciprocal and unilateral perference programme, qualifying exports, requirements to qualify for AGOA, similar to GSP, tariff preference

African Growth and Opportunity (AGOA) Forum 2015 to be held in Gabon to discuss trade and economic issues also countries are expected to meet specific eligibility requirements to qualify for AGOA. AGOA is a non-reciprocal and unilateral preference programme that provides duty-free access into the United States for qualifying exports from eligible African countries. In addition to the tariff preference.

Related Keywords: AGOA, bilateral trade, clothing and textiel sector, duty free access, improve exp0rt performance, passed by US Congress, sub-Saharan African counties and US

Agoa was passed by the US Congress in May 2000 to facilitate trade between sub-Saharan African countries and the US. It was intended to assist African countries to improve their export performance, enhance economic development and reduce poverty. It provides duty-free access to the US market for 6 400 products from about 40 countries.

During the week of March 2 to 6, South African delegation were in the US to make the case for the African Growth and Opportunity Act (Agoa) to be extended by a further 15 years.

Related Keywords: duty free access, EU market, Generalized System of Preferences, investment opportunity, Kyrgystan textile sector, Kyrgyzstan, reduced customs duty, Textile

Kyrgyzstan has been using the scheme of Generalized System of Preferences (GSP) since 1993. Under this scheme, the EU provides preferences for the import of about 7,000 items. Of these, 3,300 headings provided duty-free access, and 3,700 apply reduced rates of customs duties.

Kyrgyzstan plans to join the updated system of general preferences of the European Union, the Ministry of Economy of the KR reported.

Related Keywords: Bangladesh garment industry, Dhaka, duty free access, Indian man-made textile, Indian textile market, Indian traders, Miza Azam, State minister for textile and Jute, trade deficit

Bangladesh garment industry although has duty-free access to the Indian market, it is unable to gain benefit from the facility due to non-tariff charges, said state minister for Textile and Jute Miza Azam after inaugurating a two-day Indian man-made textiles exhibition in the city.

Bangladesh has been suffering from inveterate trade deficit with India for decades and need to address the trade imbalance issue in a win-win situation.