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US: AGOA prompts four trade investigations

US: AGOA prompts four trade investigations
Published date:
Thursday, 21 November 2013
Author:
Richard Woodard
Source:

The US International Trade Commission (USITC) is launching four separate investigations on the impact of the African Growth and Opportunity Act (AGOA) trade preference programme.

The move, at the request of the US Trade Representative (USTR), comes as the Obama Administration works to renew and potentially modify AGOA, which first entered into force in 2000 and is due to expire on 30 September 2015.

The four USITC reports include one public report, an overview assessing the act’s impact on the economies of sub-Saharan Africa and the factors affecting trade, investment and the economic climate.

The other three reports will be confidential, including one on the effects of duty-free treatment for AGOA imports on US industries and consumers; one on possible changes to rules of origin under AGOA with the potential to increase exports from AGOA-eligible countries; and one the impact of the EU-South Africa free trade agreement on US exports to South Africa.

The USITC said it would hold a public hearing on the issues on 14 January next year, with all written submissions to be sent in by 21 January.

The reports will be sent to the USTR in spring 2014.

 

Testimony from the hearings is available by following this link

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