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USAID And Partners To Boost U.S.-Africa Apparel Trade



Published on 23 January 2014



by Office of the Spokesperson

(WireNews)

Washington, D.C.

Nora Bannerman, Founder And CEO Of Sleek Garments
Nora Bannerman, Founder And CEO Of Sleek Garments

The U.S. Agency for International Development (USAID), the American Apparel & Footwear Association and the African Cotton & Textile Industries Federation have entered into an agreement to expand trade and investment linkages between the United States and sub-Saharan Africa in the cotton textile and apparel sectors.

Building on the momentum of President Obama’s Trade Africa initiative, the alliance will promote Africa as a reliable sourcing destination for international buyers and explore opportunities to promote U.S. trade and investment in Africa, USAID said in a January 17 press release.

“Africa is poised to make great strides in economic development in this decade with our combined GDP growing by 60 percent by 2020,” federation Chairman Jaswinder Bedi said. “This partnership with USAID and AAFA will ensure that both the United States and Africa participate in this growth story.”

With support from USAID, the association and the federation plan to expand U.S.-Africa cooperation through the exchange of market and import/export policy information, guidance on requirements and best practices, and the promotion of joint solutions to address market constraints.

“Sub-Saharan Africa is a growing player in the global apparel and footwear marketplace,” said association Executive Vice President Steve Lamar. “AAFA is excited to work with USAID and ACTIF to facilitate increased trade and market access opportunities between the United States and Africa.”

President Obama has renewed the United States’ emphasis on spurring economic growth, trade and investment in Africa, including promoting an enabling environment for trade and investment, regional integration, improved economic governance and expanded African capacity to trade, USAID said.

USAID Principal Adviser for Africa Oren Whyche-Shaw said the new USAID-AAFA-ACTIF partnership will “take advantage of growing opportunities in the global marketplace and create jobs and income on both continents.”




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Posted 2014-01-23 13:16:00