Latest / Lesotho News Today | 2 Min News | The Daily News Now!
AGOA Extension Breathes New Life into Lesotho Textiles | Lesotho News
AGOA’s two-year extension through December 31, 2028, is a major win for Lesotho’s textile and apparel sector, offering tariff-free U.S. market access and a lifeline for thousands of workers facing reduced hours. After a period of uncertainty amid shifting U.S. trade policies, the Ministry of Trade urges businesses to not only maintain exports but also diversify products and markets. While this window offers breathing room, it’s also seen as a transitional opportunity to negotiate new bilateral deals—like importing U.S. cotton, processing it locally, and exporting finished goods back to…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.