Jan 18, 2012 (LBO) – Sri Lankan apparel exporters can use duty free trade deals and cheap labour in the West African state of Senegal to gain access to markets in North America, the Ministry of Industry and Commerce said. A statement quoted Amadou Moustapha, newly appointed Ambassador of Senegal to Sri Lanka, as saying his country could be used as a production base by Sri Lankan apparel exporters.
Sri Lankan apparel manufacturers can use Senegal as a production base to reach the North American markets easily and can perform back-end operations in Senegal,” Amadou Moustapha told Minister of Industry and Commerce Rishad Bathiudeen during a courtesy call.
“They can use Senegals’ preferential access options such as EU/ACP, African Growth & Opportunity Act (AGOA), the West African Economic and Monetary Union, to their advantage in increasing North American and EU market share.
According to the US Office of Textile and Apparel (OTEXA), the U.S. African Growth and Opportunity Act (AGOA) offers significant potential growth for the local textile and apparel industries with duty-free, quota free access to the U.S. for products made up of either U.S. or sub-Saharan African produced fabric or yarn.