A
good article on AGOA
and the 3rd party fabric provision by the Brookings
Institution at: http://www.brookings.edu/opinions/2012/0504_us_africa_commercial_relations_kimenyi.aspx
Excerpts:
“The
emerging consensus from this forum
is that future of U.S.-African relations are dependent on Congress extending
the third country fabric provision of the African Growth and Opportunity Act
(AGOA) within the next several weeks.”
“Already, African manufacturers have lost
more than 35 percent of their orders from U.S. customers
due to the uncertainty surrounding the extension of the provision, according to
the Washington-based African Coalition on Trade which represents exporters in
nine AGOA countries. Reportedly
there is no opposition in the Senate or House to extending the provision.”
“Apparently, it is just the political
paralysis that is affecting all aspects of U.S. lawmaking these days.”
