MASERU, Feb. 12 -- The Revenue Service Lesotho held a symposium meant to create awareness on tax and Customs treaties and trade agreements that Lesotho is involved in in an effort to encourage Basotho traders to upscale their businesses to international markets. With multiple business owners and organisation's in attendance, discussions were held to give clear guidance on topics such as trade agreements and Approved Economic Operator registration and their benefits.

Currently, Lesotho is facing uncertainties pertaining to the African Growth and Opportunity Act, which is a US trade agreement that was passed in 2000 to help the economies of sub-Saharan Africa. AGOA had created one of the biggest export markets for Lesotho, and there are ch...