2005: African Growth and Opportunity Act. The Africa Growth and Opportunities Act: Toward 2015 and Beyond A Synthesis of Stakeholders’ Views on the Future of U.S.-Africa Commercial Relationships Understanding the African Growth and Opportunity Act (AGOA) Your country must be eligible. This tariff savings can help AGOA exporters compete with lower-cost producers elsewhere. Until then, U.S. relations with Africa had been defined largely by Cold War calculations, donor-recipient This column finds that countries in Southern Africa and firms in Kenya that boomed during the period of USG’s signature trade initiative with sub-Saharan Africa.} USG’s signature trade initiative with sub-Saharan Africa. On May 18, 2000, Congress signed the African Growth and Opportunity Act, commonly known as AGOA, into law. african growth and opportunity act and millennium challenge act modernization act dkrause on dskbc28hb2prod with publaws verdate sep 11 2014 15:38 aug 02, 2018 jkt 079139 po 00167 frm 00001 fmt 6579 sfmt 6579 e:\publaw\publ167.115 publ167. Abstract. African Growth and Opportunity Act (AGOA): Background and Reauthorization Congressional Research Service Summary The African Growth and Opportunity Act (AGOA) is a nonreciprocal trade preference program that provides duty-free treatment to U.S. imports of certain products from eligible sub-Saharan African (SSA) countries. UPDATED Key Aspects of AGOA Trade Preferences—AGOA’s main component is duty-free treatment of U.S. imports of certain products from beneficiary countries. Provides more liberal access to the U.S. market than any of our other unilateral trade preference arrangements. } The act establishes a preferential trade agreement between the U.S. and selected countries in the sub-Saharan region. African Growth Opportunity Act August 2003 3 PREFACE On December 8, 1993, Title VI of the North American Free Trade Agreement Implementation Act (Pub. 2057), also known as the Customs Modernization or “Mod” Act, became effective. Established in May 2000.} The African Growth and Opportunity Act and M illennium Challenge Act Modernization Act of 2018, P.L. Reinforces African reform efforts, improves access to capacity However, the end of the Multi-Fiber Arrangement in 2005 re-exposed African countries to significant international competition from Asia. This paper investigates whether one of the most important U.S. policies toward Africa of the past few decades achieved its desired result. In Proclamation 7970 of December 22, 2005, the President designated the Republic of Burundi (Burundi) as a beneficiary sub-Saharan African country for purposes of section 506A(a)(1) of the Trade Act of 1974 (the "1974 Act") (19 U.S.C. These provisions amended many sections of the Tariff Act of 1930 and related laws. The program dates from 2000 and has the goal of promoting economic growth through good governance and free markets. And this partnership is growing. Est. “You have to take on entrenched interests and respond to concerns about new competition while mak-ing the case over and over again as to why the people in your country will benefit from expanded trade.” African Growth and Opportunity Act T he African Growth and Opportunity Act (AGOA), enacted in 2000, allows 39 eligible African countries to export most products duty-free to the United States. AGOA is a long-term commitment with broad bipartisan support in the United States. In June 2015, the U.S government authorised AGOA for an additional 10 years. BackgroundThe African Growth and Opportunity Act (AGOA) provides duty-free treatment to goods of designated sub-Saharan African countries (SSAs). The agreement provides duty-free access to the U.S. market for eligible Sub Sahara African nations. Managed by the Office of the United States Trade Representative, the review process brings together officials It builds on the Generalized Systems of Preferences (GSP), which allows 4,800 products to be imported into the U.S. duty-free from 129 developing countries. The African Growth and Opportunity Act (AGOA) was enacted into law as part of the Trade and Development Act of 2000 (Public Law 106-200). African Growth and Opportunity Act; Other short titles: United States-Caribbean Basin Trade Partnership Act: Long title: An Act to authorize a new trade and investment policy for sub-Saharan Africa, expand trade benefits to the countries in the Caribbean Basin, renew the generalized system of preferences, and reauthorize the trade adjustment assistance programs. https://www.cfr.org/blog/what-african-growth-and-opportunity-act 2466a(a)(1)), as added by section 111(a) of the African Growth and Opportunity Act (AGOA) (title I of Held on April 20, 2016, African Growth and Opportunity Act (AGOA) was co-hosted by IdEA and the U.S. Department of State. In Proclamation 8921 of December 20, 2012, I determined that the Republic of Mali (Mali) was not making continual progress in meeting the requirements described in section 506A(a)(1) of the Trade Act of 1974, as amended (the "1974 Act"), as added by section 111(a) of the African Growth and Opportunity Act (title I of Public Law 106-200) (AGOA). Secretary Rice (July 18, 2007): "Together, we are also expanding our critical partnership through the African Growth and Opportunity Act to unleash the creativity and industry of the people of Africa. It covers non-textile as well as textile goods and was most recently re-authorized through September 30, The African Growth and Opportunity Act, a US trade failure By Rick Helfenbein - 04/06/15 06:30 AM EDT Too many people read the headlines and skip the actual substance. African Growth and Opportunity Act “It is up to the leaders of this region to decide if you want eco-nomic integration,” Clinton said. African Growth and Opportunity Act (AGOA) to engage with sub-Saharan African countries on their progress toward economic, political, and development reform objectives reflected in AGOA’s eligibility criteria. The 39 African countries are: Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Chad, Comoros, Côte d’Ivoire, Republic 23, 2018 in May 2000, most recently reauthorized on June 2015, until 2025. This year, we are pleased to welcome Liberia into AGOA, and to welcome back Mauritania, which has now restored its commitment to democracy and the rule of law. 1. African Growth and Opportunity Act (AGOA) Share. 115-167, required the Administration to provide information on AGOA through an official AGOA website, promote AGOA utilization, product diversification, and regional cooperation, and Provides more liberal access to the U.S. market than any of our other unilateral trade preference arrangements. It is the latest in a series of regional initiatives in United States trade policy that are based on the general philosophy of “trade, not aid” as the chief tool for promoting economic development. Secretary of State Condoleezza Rice participated in the 2005 U.S. Sub-Saharan Africa Trade and Economic Cooperation Forum held under the auspices of the Africa Growth and Opportunities Act (AGOA) in Dakar, Senegal. Your product must be eligible and meet the requirements of origin rules. Enacted in May 2000, the African Growth and Opportunity Act (AGOA) is the cornerstone of U.S. economic engagement with the countries of sub-Saharan Africa. The African Growth and Opportunity Act (AGOA) was approved by the United States Congress to assist in the economic growth of eligible Sub-Saharan African countries. Africa when he signed the African Growth and Opportunity Act into law on May 18, 2000. The U.S. Department of Labor works with the United States Trade Representative, Department of State, and other United States government agencies to implement the African Growth and Opportunity Act (AGOA), focusing in particular on the labor provisions of the Act. L. 103-182, 107 Stat. Enacted in May 2000, the African Growth and Opportunity Act (AGOA) is the cornerstone of U.S. economic engagement with the countries of sub-Saharan Africa.
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