{"id":12547,"date":"2012-07-19T00:59:42","date_gmt":"2012-07-18T22:59:42","guid":{"rendered":"http:\/\/www.myza.co.za\/07\/us-senate-panel-okays-renewal-of-africa-clothing-trade-benefit\/"},"modified":"2012-07-19T00:59:42","modified_gmt":"2012-07-18T22:59:42","slug":"us-senate-panel-okays-renewal-of-africa-clothing-trade-benefit","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/us-senate-panel-okays-renewal-of-africa-clothing-trade-benefit\/","title":{"rendered":"US Senate panel okays renewal of Africa clothing trade benefit"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p><span class=\"articleLocation\">WASHINGTON, July 18<\/span> (Reuters) &#8211; The U.S. Senate Finance<br \/>\nCommittee voted on Wednesday to renew an expiring trade benefit<br \/>\nthat has helped create hundreds of thousands of jobs in the<br \/>\nAfrican clothing industry over the past industry.<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>&#8220;A timely extension of this provision will help stem the<br \/>\ntide of job losses in Africa and it will ensure that U.S.<br \/>\nretailers will have the certainty they need to help their<br \/>\nbusinesses succeed and grow,&#8221; Committee Chairman Max Baucus, a<br \/>\nMontana Democrat, said.<\/p>\n<p><span><\/span><\/p>\n<p>The landmark African Growth and Opportunity Act (AGOA),<br \/>\nfirst passed by Congress in 2000, allows eligible countries in<br \/>\nsub-Saharan Africa to ship thousands of goods to the United<br \/>\nStates without paying import duties.<\/p>\n<p><span><\/span><\/p>\n<p>A provision that expires Sept. 30 waives duties on clothing<br \/>\nfrom most AGOA countries, even if the yarn or fabric is made in<br \/>\nanother country such as China, South Korea or Vietnam.<\/p>\n<p><span><\/span><\/p>\n<p>President Barack Obama&#8217;s administration had hoped to win<br \/>\nrenewal of the provision ahead of an annual forum with AGOA<br \/>\nbeneficiary countries in June.<\/p>\n<p><span><\/span><\/p>\n<p>U.S. Trade Representative Ron Kirk said at that event the<br \/>\ndelay was already hurting African producers because clothing<br \/>\nimporters place their orders months in advance. He promised<br \/>\nObama would sign a bill as soon as it reached his desk.<\/p>\n<p><span><\/span><\/p>\n<p>Supporters hope Congress will pass the bill before the<br \/>\nmonth-long August recess.<\/p>\n<p> (Reporting By Doug Palmer; Editing by Paul Simao)<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>WASHINGTON, July 18 (Reuters) &#8211; The U.S. Senate Finance Committee voted on Wednesday to renew an expiring trade benefit that has helped create hundreds of thousands of jobs in the African clothing industry over the past industry. &#8220;A timely extension of this provision will help stem the tide of job losses in Africa and it [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-12547","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/12547","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=12547"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/12547\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=12547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=12547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=12547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}