The African Growth and
Opportunity Act (AGOA)
Background/Previous AGOA Forums
The
African
Growth
and
Opportunity
Act
(AGOA)
was
signed
into
law
by
President
Clinton
in
May
2000,
to
expand
U.S.
trade
and
investment
with
Sub-Saharan
Africa,
to
stimulate
economic
growth,
to
promote
a
high-level
dialogue
on
trade
and
investment-related
issues,
to
encourage
economic
integration,
and
to
facilitate
sub-Saharan
Africa's
integration
into
the
global
economy.
As
of
April
2009,
40
sub-Saharan
African
countries
were
eligible
for
AGOA
benefits.
Since
its
inception,
AGOA
has
helped
to
increase
U.S.
two-way
trade
with
sub-Saharan
Africa.
At
the
center
of
AGOA
are
substantial
trade
preferences
that,
coupled
with
those
under
the
Generalized
System
of
Preferences
(GSP),
allow
all
marketable
goods
produced
in
AGOA-eligible
countries
to
enter
the
U.S.
market
duty-free.
The
U.S.
Government
provides
assistance
--
most
notably
through
four
regional
trade
hubs
--
to
African
governments
and
businesses
that
are
seeking
to
make
the
most
of
AGOA
and
to
diversify
their
exports
to
the
United
States.
The
U.S.
Congress
requires
the
President
to
determine
annually
whether
sub-Saharan
African
countries
are
eligible
for
AGOA
benefits
based
on
progress
in
meeting
certain
criteria,
including
progress
toward
the
establishment
of a
market-based
economy,
rule
of
law,
economic
policies
to
reduce
poverty,
protection
of
internationally
recognized
worker
rights,
and
efforts
to
combat
corruption.
On December 20, 2006, President George W. Bush
signed the Africa Investment Incentive Act of
2006 as part of an omnibus health, tax and trade
bill (see
the AGOA portion of the bill).
—
President Bush Signs AGOA Acceleration Act of
2004 on July 13, 2004
(White House Press release, 07/13/04)
AGOA News
Ambassador Schwab signs historic trade agreement
with the countries of the Southern African
Customs Union
(07/16/08)
Africa Trade Act Seen as Important Tool in
Poverty Fight
(U.S. Department of State; 07/19/07)
Sub-Saharan Africa Benefits from Expanded
International Trade
(U.S. Department of State; 07/19/07)
Africa Trade Act Has Human and Business Face
(U.S. Department of State; 07/18/07)
African Growth and Opportunity Act Creates
Thousands of Jobs
(U.S. Department of State; 07/12/07)
Africa Trade Act Helps Liberalize Continent’s
Economies
(U.S. Department of State; 07/09/07)
African Countries Can Benefit from More Trade
(U.S. Department of State; 07/06/07)
G8 Leaders Pledge Assistance for Africa,
Emerging Economies
(U.S. Department of State; 06/08/07)
Bush Outlines U.S. Development Agenda Before
G8 Summit (U.S. Department of State; 05/31/07)
—
Chronic Economic, Social Hardships Seen as Food
Crises Increase (U.S. Department of State; 05/25/07)
2007 AGOA Report Shows Growth in U.S. –
Africa Trade (05/18/07)
U.S.-Africa Forum Expanding Beyond Trade Issues
(U.S. Department of State; 05/18/07)
Small African Businesses Lag in Reaping AGOA
Benefits (U.S.
Department of State, 06/12/06)
Johanns Announces Trade and Investment Mission
To East Africa
(06/07/06)
—
Transcript of Johanns Remarks
(06/07/06)
—
Johanns Announces East African
Investment Mission
(USDA Radio News; 06/07/06 -
real,
mp3,
wave)
—
Remarks of Deputy USTR Susan Schwab at the AGOA
Investment Summit
(06/08/06)
United States and Rwanda Sign Agreement to
Deepen Trade and Investment Relations
(06/07/06)
Private Sector, Trade Main Issues for Africa
Trade Act Forum (U.S.
Department of State, 05/24/06)
—
AGOA
Forum 2006 Private Sector Events
U.S.-African Trade Increased 115 Percent Since
AGOA's Enactment (U.S. Department of State;
05/19/06)
Trade Transforms Economies, Reduces Poverty
(U.S. Department of State; 09/24/07)
2007 AGOA Report Shows Growth in U.S. –
Africa Trade (05/18/07)
The Sixth AGOA Forum in Accra,
Ghana, July 18-19, 2007
—
Africa Trade Forum Proves Networking Success
(U.S. Department of State; 07/23/07)
—
African Agricultural Exports Focus of
Capacity-Building Program
(U.S. Department of State; 07/20/07)
—
Keenum Announces Capacity Building Programs for
African Countries
(07/19/07)
—
Remarks by Mark Keenum:
Facilitating
Agricultural Trade and Development under AGOA
(07/19/07; .pdf)
—
Africa Trade Act Seen as Important Tool in
Poverty Fight
(U.S. Department of State; 07/19/07)
—
Agriculture Can Be Key to Diversifying African
Trade
(U.S. Department of State; 07/18/07)
—
Remarks By U.S. Trade Representative Susan C.
Schwab at the AGOA Forum – Opening Ceremony
(07/18/07; .pdf)
—
USDA To Attend Sixth AGOA Forum in Ghana
(07/12/07)
—
AGOA Web Site
from Ghana
—
AGOA Forum 2007 Notional Schedule (.pdf)
—
AGOA Forum 2007 Announcement
(.pdf)
—
2007
Comprehensive Report on
U.S. Trade and Investment
Policy Toward Sub-Saharan Africa and
Implementation of AGOA (.pdf)
—
Foreign Press Center: Scene Setter for the Sixth
AGOA Forum, Transcript (5/18/07)
—
2007 AGOA Fact Sheet
The Fifth AGOA Forum in Washington, DC, June
6-7,
2006
—
AGOA Forum 2006 Brochure
—
AGOA Forum 2006 Notional Schedule
—
AGOA Forum 2006 Announcement
—
Transcript of Press Conference Announcing AGOA
Forum 2006 (05/11/06)
—
AGOA Forum 2006 Summary
—
"Advancing African Growth and Opportunity
through Global Competitiveness" (USAID
Press Release, 05/11/06)
Remarks
—
World Bank President Says Africa Must Remain
Bank's Top Priority (U.S. Department of
State; 06/08/06)
—
U.S. Trade Official Sees "New Era" in U.S.–Africa
Trade (U.S. Department of State; 06/07/06)
—
Investment Is Surest Way To Eliminate Poverty in
Africa (U.S. Department of State; 06/07/06)
—
USAID Re-examining Partnerships with African
Civil Sector (U.S. Department of State;
06/07/06)
—
Educated, Healthy People Africa's "Greatest
Untapped Resource" (U.S. Department of
State; 06/07/06)
—
USAID Administrator Affirms U.S. Economic
Commitment to Africa (U.S. Department of
State; 06/06/06)
—
Remarks by Deputy USTR Karan Bhatia at the AGOA
Private Sector Forum (06/05/06)
Web Sites
—
Official AGOA Web site
—
USTR's AGOA Web pages
—
AGOA Comparison: Before and After
—
List of AGOA Resources