Clients of Agathon Associates, subscribers to Agathon Associates' Trade Advisor Service, and students in TMD 433 at the University of Rhode Island can learn more about AGOA at http://agathonassociates.com/textile-pri/agoa/. You will need to enter your username and password. If you do not know your username and password email David Trumbull at firstname.lastname@example.org.
Friday, September 25, 2015
AGOA TPLs Announced
The Africa Growth and Opportunity Act ("AGOA") provides for duty-free entry of apparel assembled in the AGOA region of fabric formed in the U.S. of yarn formed in the U.S. It also provided for a Tariff Preference Level ("TPL") equal to seven percent of all U.S. apparel imports for apparel assembled in the AGOA region of fabric from the AGOA region. The Committee for the Implementation of Textile Agreements ("CITA"), today, announce the TPL for the period October 1, 2015 through September 30, 2016 will be 1,935,096,830 square meter equivalents ("SME"). There is also a TPL for Lesser Developed Countries ("LDCs") in the AGOA region for apparel assembled in an AGOA LDC of third-country fabric. The TPL is set at 3.5 percent of all U.S. apparel imports. Today CITA announced the TPL for the 12-month period starting October 1, 2015 will be 967,548,415 SME.