Whether you like it for US business or
for Sub-Saharan African ones, the question that supporters are trying to
explain to Washington right now is:
I’ve been getting a lot of emails
lately regarding support for the renewal of the African Growth and Opportunity
Act (AGOA) including a call to action to pledge support for the Act’s re-authorization which is set to expire in September 2015.
I even found in my Inbox a wonderful
piece by Steve Lamar, Executive Vice-President of the American Apparel &
Footwear Association (AAFA), which mentioned how the dysfunction in Washington DC
(i.e., our wonderful government) is hurting U.S. businesses engaged in
international trade with Africa because the delay in AGOA renewal restricts the
ability to make viable business projections and decisions about sourcing. Steve’s op-ed piece can be found here.
Lastly, today I found another article
written by the folks over at McKinsey & Company chiming in on the growth
opportunity in Africa. You can access
their article here.
So with all of the supporters, it begs
the question – What is Washington waiting for?
For more on this subject, check out
these articles and others I’ve written as well to learn more about the AGOA
trade agreement and it’s renewal.
On Twitter @fashcompliance