U.S. Increases Imports of Large Textile Products from Eswatini Under AGOA
The United States has reported a significant rise in imports of textile products exceeding 91 cm in width, 184 cm in length, and 8 cm in depth from Eswatini, benefiting from the African Growth and Opportunity Act (AGOA) tariff exemptions.
2023-10-15
Impact: This surge strengthens trade ties between the U.S. and Eswatini, boosting Eswatini's textile export sector and encouraging further investment in manufacturing.
Eswatini Textile Exporters Gain Competitive Edge in U.S. Market
Eswatini-based textile manufacturers producing large-dimension goods have gained a competitive edge in the U.S. market due to favorable trade agreements and lower production costs.
2023-09-22
Impact: Increased market access for Eswatini exporters is likely to result in higher trade volumes, potentially leading to job creation in Eswatini's textile industry.
U.S. Customs Tightens Verification for Eswatini Textile Imports
U.S. Customs and Border Protection has introduced stricter documentation requirements for textile imports from Eswatini under specific HS codes to ensure compliance with AGOA rules of origin.
2023-08-10
Impact: While this may temporarily slow down import processing, it aims to prevent misuse of trade preferences, ensuring long-term stability in bilateral trade relations.
