11th AGOA Forum (Washington, D.C.)

11th AGOA Forum (Washington, D.C.)
Hillary Clinton addresses the 2012 AGOA Forum in Washington

United States Department of State Press Release:

On June 14-15, 2012, the United States hosted the 11th annual U.S.-Sub-Saharan Africa Trade and Economic Cooperation Forum. The event is mandated by the African Growth and Opportunity Act (AGOA) and is the U.S. Government's premier high-level, bilateral event with sub-Saharan Africa. This year’s theme is “Enhancing Africa’s Infrastructure for Trade.” The ministerial portion of the Forum  focused on infrastructure development in Africa that supports and promotes trade around four key objectives:

(1) Developing transport, energy, telecommunications, and other “hard” infrastructure to improve African competitiveness and promote regional and U.S.-sub-Saharan Africa trade.

(2) Improving the business climate and effective regulation of key infrastructure sectors that will promote investment in, reduce the costs, and increase productivity in transport, energy, telecommunications and other “soft” infrastructure services that have the greatest impact on U.S.-sub-Saharan Africa trade and investment.

(3) Advancing African regional economic integration efforts by promoting regulatory harmonization, trade facilitation, and strategic development of regional transportation corridors, regional power generation capacity, telecommunications and other infrastructure services that promote integrated/larger markets, cross-border production and regional value chains.

(4) Highlighting trade opportunities for U.S. businesses and benefits of U.S. exports of infrastructure-related products and support for U.S. investment and joint ventures (including public-private partnerships) in sub-Saharan African transport, energy, telecommunications, and other key infrastructure sectors.

The AGOA Forum brings together over 600 participants, including senior U.S. and African officials, as well as U.S. and African members of the private sector and civil society. AGOA represents a progressive U.S. trade and investment policy toward the continent working to reduce barriers to trade, increase diversified exports, create jobs, and expand opportunities for Africans. AGOA provides trade preferences to 40 sub-Saharan African countries that are making progress in economic and political reforms.

 

United States Department of State Press Release:

On June 14-15, 2012, the United States hosted the 11th annual U.S.-Sub-Saharan Africa Trade and Economic Cooperation Forum. The event is mandated by the African Growth and Opportunity Act (AGOA) and is the U.S. Government's premier high-level, bilateral event with sub-Saharan Africa. This year’s theme is “Enhancing Africa’s Infrastructure for Trade.” The ministerial portion of the Forum  focused on infrastructure development in Africa that supports and promotes trade around four key objectives:

(1) Developing transport, energy, telecommunications, and other “hard” infrastructure to improve African competitiveness and promote regional and U.S.-sub-Saharan Africa trade.

(2) Improving the business climate and effective regulation of key infrastructure sectors that will promote investment in, reduce the costs, and increase productivity in transport, energy, telecommunications and other “soft” infrastructure services that have the greatest impact on U.S.-sub-Saharan Africa trade and investment.

(3) Advancing African regional economic integration efforts by promoting regulatory harmonization, trade facilitation, and strategic development of regional transportation corridors, regional power generation capacity, telecommunications and other infrastructure services that promote integrated/larger markets, cross-border production and regional value chains.

(4) Highlighting trade opportunities for U.S. businesses and benefits of U.S. exports of infrastructure-related products and support for U.S. investment and joint ventures (including public-private partnerships) in sub-Saharan African transport, energy, telecommunications, and other key infrastructure sectors.

The AGOA Forum brings together over 600 participants, including senior U.S. and African officials, as well as U.S. and African members of the private sector and civil society. AGOA represents a progressive U.S. trade and investment policy toward the continent working to reduce barriers to trade, increase diversified exports, create jobs, and expand opportunities for Africans. AGOA provides trade preferences to 40 sub-Saharan African countries that are making progress in economic and political reforms.

 

View related news articles

11th AGOA Forum ends in Washington

Senior U.S. and African government officials, private sector business executives, African civil society representatives and women entrepreneurs from across sub-Saharan Africa have concluded the 11th African Growth and Opportunity Act (AGOA) forum in Washington, ending meetings that covered a wide range of issues intended to help reach their common goal of enhancing U.S.-Africa trade to promote shared economic growth. "We have now come to the...

21 June 2012

AGOA Forum 2012 Washington - Programme details

The 2012 AGOA Forum takes place in Washington DC in the week beginning 11 June 2012, and brings together civil society, private sector and government stakeholders from across Africa and the United States. Most of the programme details have been finalised and an overview of the key events is provided below.  Monday and Tuesday, June 11-12, 2012. Partnership to Cut Hunger and Poverty in Africa’s 2012 US-Africa Forum, on “Farming Is a...

10 June 2012

Mauritius Ambassador seeks extension of AGOA provision

The US capital is set next week to host the 11 th annual US-sub-Saharan Africa trade forum commonly known as the AGOA Forum. AGOA, an abbreviation for the African Growth and Opportunity Act, is an Act is designed to strengthen trade between the United States and sub-Saharan Africa by creating a preferential trade and investment relationship. Since its inception in 2000, about 38 African countries are currently benefiting from AGOA. The...

05 June 2012