Wednesday 3 June 2015

Lesotho may lose 35 000 jobs if the United States blocks access

BR_br lesotho0APWorkers at the Shining Century clothing factory in Maseru, Lesotho. Because of the political situation in the country, the US may drop it from Agoa. Photo: AP


LESOTHO was at risk of losing 35 000 jobs in the textile industry if the US dropped the nation from its preferential trade accord because of worsening political tension in the country, a labour union group said.

Lesotho must avoid a similar fate as Swaziland, which was dropped from the African Growth and Opportunity Act (Agoa) last year, Ts’eliso Ramochela, secretary general of the Alliance of Progressive Trade Unions, said on Sunday. The US had voiced concerns about the political situation in Lesotho, he said.
Lesotho is a beneficiary of Agoa, which allows African nations to export a range of goods to the US duty free. US lawmakers are deciding whether to extend the trade agreement when it expires in September.
The country has been in turmoil since an attempted coup in August against former prime minister Tom Thabane, who was subsequently defeated in elections in February. Security concerns have worsened since then with reports of assassination attempts against opposition lawmakers.
Eligibility for Agoa include respect for the rule of law, human rights and efforts to end corruption. Swaziland was removed because of a lack of protection for workers rights. – Bloomberg

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