He said this at a consultative meeting with players in the sector to discuss the future of the industry amid growing concerns. The AGOA expired on September 30.
“I briefed stakeholders on my recent discussions with US Secretary of State Marco Rubio in Washington, where we explored not only the extension of AGOA but also the establishment of a long-term framework to guarantee stable and predictable market access for our products,” the President posted on X.
“This will go a long way in strengthening our apparel industry, which remains vital to our economy and the livelihoods of thousands of families,” he said.
He assured players that industry operations will continue without disruption “as talks with the US Government proceed with the urgency they deserve.”
With the expiry of the trade pact, industry leaders have expressed concern about possible loss of market share, job cuts, and reduced investment if a new arrangement is not put in place quickly.
ALCHEMPro News Desk (DS)
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