Commerce
Commerce is an important economic activity in Togo, and Lomé is an important regional trading center. Its port operates 24 hours a day, mainly transporting goods to the inland countries of Mali, Burkina Faso, and Niger.
Lomé's "Grand Marché" is known for its entrepreneurial market women, who have a stronghold over many areas of trade, particularly in African cloth. In addition to textiles, Togo is an important center for re-export of alcohol, cigarettes, perfume, and used automobiles to neighboring countries. Recent years of political instability have, however, eroded Togo's position as a trading center.
Read more about this topic: Economy Of Togo
Famous quotes containing the word commerce:
“A mere literary man is a dull man; a man who is solely a man of business is a selfish man; but when literature and commerce are united, they make a respectable man.”
—Samuel Johnson (1709–1784)
“Honour sinks where commerce long prevails.”
—Oliver Goldsmith (1728–1774)
“Friendship is a disinterested commerce between equals; love, an abject intercourse between tyrants and slaves.”
—Oliver Goldsmith (1728–1774)