African countries can now export their cotton to developed countries duty-and quota-free as from January 2016 following a global deal sealed in Nairobi at the World Trade Organisation (WTO) ministerial conference. The ministers agreed on a deal that will allow the Least Developed Countries (LDCs) to export more cotton to developed countries. This will help the LDCs, mainly those in sub-Saharan Africa, to gain greater access to non-producing foreign markets because of the suppressed customs and taxes.
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Authors: ALL AFRICA