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:
“Honour sinks where commerce long prevails.”
—Oliver Goldsmith (1728–1774)
“While the focus in the landscape of Old World cities was commonly government structures, churches, or the residences of rulers, the landscape and the skyline of American cities have boasted their hotels, department stores, office buildings, apartments, and skyscrapers. In this grandeur, Americans have expressed their Booster Pride, their hopes for visitors and new settlers, and customers, for thriving commerce and industry.”
—Daniel J. Boorstin (b. 1914)
“I leave you, home,
when I’m ripped from the doorstep
by commerce or fate. Then I submit
to the awful subway of the world....”
—Anne Sexton (1928–1974)