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:
“Friendship is a disinterested commerce between equals; love, an abject intercourse between tyrants and slaves.”
—Oliver Goldsmith (1728–1774)
“On 16 September 1985, when the Commerce Department announced that the United States had become a debtor nation, the American Empire died.”
—Gore Vidal (b. 1925)
“The lessons taught in great books are misleading. The commerce in life is rarely so simple and never so just.”
—Anita Brookner (b. 1938)