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USTR initiates annual AGOA eligibility review

USTR initiates annual AGOA eligibility review

Summary: This notice announces the initiation of the annual review of the eligibility of the sub-Saharan African countries to receive the benefits of the African Growth and Opportunity Act (AGOA). The AGOA Implementation Subcommittee of the Trade Policy Staff Committee (Subcommittee) is developing recommendations for the President on AGOA country eligibility for calendar year 2019. The Subcommittee is requesting written public comments for this review and will conduct a public hearing on this matter. The Subcommittee will consider the...

06 July 2018
The 2018 AGOA Forum: A turning point for US-Africa commercial relations?

The 2018 AGOA Forum: A turning point for US-Africa commercial relations?

The 2018 AGOA Forum —named for the African Growth and Opportunity Act passed in 2000 and extended three years ago to 2025—could be a turning point in U.S.-African commercial relations. AGOA abolished import duties on more than 1,800 products manufactured in eligible countries sub-Saharan Africa (those with established or making continuous progress with market-based economy, rule of law and pluralism, elimination of trade and investment barriers to the U.S., human rights, labor standards, fight against corruption, and economic...

06 July 2018 | Witney Schneidman and Landry Signé
US Secretary of Commerce Wilbur Ross, announces $1 billion in deals during Africa mission

US Secretary of Commerce Wilbur Ross, announces $1 billion in deals during Africa mission

U.S. Secretary of Commerce Wilbur Ross and a delegation from the President’s Advisory Council on Doing Business in Africa (PAC-DBIA) announced over $1 billion in private-sector deals during their mission to four sub-Saharan nations. PAC-DBIA members expect to quickly conclude more than $2 billion in additional deals in the coming days.   The four-nation visit, which included stops in Ethiopia, Kenya, and Côte D’Ivoire, concluded in Ghana where Secretary Ross signed a memorandum of understanding with the Minister of Finance...

06 July 2018
Kenya: Textile exports to the US stagnate, but macadamia exports up

Kenya: Textile exports to the US stagnate, but macadamia exports up

Kenya's sales of macadamia nuts to the United States have soared in recent years, while textile exports have stagnated, according to new African Growth and Opportunity Act (Agoa) data. The US imported $52 million (Sh5.2 billion) worth of macadamia nuts from Kenya last year, compared to $72,000 (in purchases of the same product in 2000, the US trade agency reported last week. The agency's Agoa assessment describes the boom in Kenya's macadamia sector as one of the “success stories” of the 18-year-old US preferential trade programme that...

02 July 2018 | KEVIN J KELLEY
'Africa matters: Why the US should bolster its trading relationships with African countries'

'Africa matters: Why the US should bolster its trading relationships with African countries'

This post is part of a series highlighting the four-nation President’s Advisory Council on Doing Business in Africa (PAC-DBIA) fact-finding mission led by the Secretary of Commerce and the Under Secretary of Commerce for the International Trade Administration. For more information on the PAC-DBIA visit https://www.trade.gov/dbia/ or follow the trip on Twitter at #PACDBIA. This post originally appeared on the UPS Blog, Longitudes. As Vice Chair of the President’s Advisory Council on Doing Business in...

02 July 2018 | Laura Lane
Nigerian exporters must benefit from AGOA before 2025—Minister

Nigerian exporters must benefit from AGOA before 2025—Minister

Minister of Industry, Trade and Investment, Mr. Okechukwu Enelamah, has said Nigeria needs to utilise the next seven years to take advantage of the African Growth and Opportunity Act (AGOA). Enalama, who was represented by a Principal Officer of the Ministry, Mr. Stephen Adeyemo, at an advocacy workshop organized by the Nigeria Export Promotion Council, NEPC/AGOA Trade Resource Center in Benin City, Edo State on Thursday said Nigeria must benefit from AGOA before the expiration of the Act. “We have to use the remaining period between now...

29 June 2018
Nigeria-America Chamber vows to increase Nigeria’s non-oil export through AGOA

Nigeria-America Chamber vows to increase Nigeria’s non-oil export through AGOA

The Nigerian-American Chamber of Commerce (NACC) says it hopes to expand Nigeria’s non-oil export to the United States through the African Growth and Opportunity Act (AGOA). The chamber, which stated this during its 57th annual general meeting held last Thursday in Lagos, said it would fully immerse itself in policy implementation, compliance and growth for Nigeria. Toyin Akomolafe, newly elected president of NACC, said the chamber would now establish itself as the ‘go to’ organisation on all trade related issues for AGOA. AGOA...

11 June 2018 | ODINAKA ANUDU
Rwanda: Government to pay taxes for affected AGOA exporters

Rwanda: Government to pay taxes for affected AGOA exporters

To ensure Rwandan exporters are not significantly affected by the anticipated suspension of duty-free access to the US market under the AGOA framework, government has decided to take over the resultant tax obligations. This follows the move by the American government on March 31st announcing their intention to suspend the application of duty-free treatment to all African Growth and Opportunity Act (AGOA)-eligible goods in the apparel sector for Rwanda. According to a statement from the US government, the suspension would take effect in 60...

11 June 2018 | Collins Mwai
US-Sub-Saharan Africa AGOA Forum 2018 [includes document downloads]

US-Sub-Saharan Africa AGOA Forum 2018 [includes document downloads]

The 17th United States - Sub-Saharan Africa AGOA Forum is set to take place in Washington D.C. in the week beginning 9 July 2018. Visit the AGOA.info AGOA Forum Section for additional details, which will be made available as soon as they are available. Some of the agenda documents will be draft documents and will be updated regularly.    For background information on the AGOA Forum, read here. AGOA.info's AGOA Forum Section is at this link.  AGOA Forum downloads  are at this link. 

08 June 2018
US Commerce Secretary set for Kenya visit

US Commerce Secretary set for Kenya visit

US Commerce Secretary Wilbur Ross is scheduled to visit Kenya at the end of next month for a bi-lateral trade summit. This will be Mr Ross’ first official visit to Africa and will see the top US trade envoy accompanied by more than 70 delegates from the US private sector, looking to broaden trade and investment ties with Kenya. Outgoing US Ambassador Robert Godec announced the trade summit yesterday, stating that US investors were keen on exploring opportunities around the Government’s ‘Big Four’ agenda. “Kenya and the US share...

31 May 2018 | Frankline Sunday Read more at: https://www.standardmedia.co.ke/business/article/2001282357/us-trade-secretary-set-for-kenya-visit
'How the United States and Rwanda have fallen out over second-hand clothes' - BBC

'How the United States and Rwanda have fallen out over second-hand clothes' - BBC

US President Donald Trump's "America First" stance on global trade has hit Rwanda, by imposing tariffs on clothing exports from the tiny East African nation. The issue revolves around an obscure import, second-hand clothes, and Rwanda's refusal to back down from the fight.  When did the dispute start? In March 2018, the US gave Rwanda 60 days' notice that it would be suspending the landlocked country from selling clothes to America duty free - a status it enjoys under the Africa Growth and Opportunity Act (Agoa).  Agoa is the...

28 May 2018 | Tara John
'AGOA still available for Nigeria till 2025' - Nigerian-American Chamber

'AGOA still available for Nigeria till 2025' - Nigerian-American Chamber

The Nigerian-American Chamber of Commerce (NACC) says Nigerian exporters still have an opportunity to explore the benefits of the African Growth and Opportunity Act (AGOA) till 2025. Speaking at the 2nd Edition of the African Food and Products Exhibition and Conference themed, ‘Non-Oil Exports’ Scaling up Productivity to Meet Global Demand’ in Lagos weekend, Olabintan Famutimi, president, NACC, noted that the United States had committed a lot of resources in capacity building to ensure the success of AGOA. Checks show that AGOA...

28 May 2018 | ODINAKA ANUDU
South African car manufacturers threatened by potential US tariffs

South African car manufacturers threatened by potential US tariffs

The latest target in President Donald Trump's ongoing trade fight is imported cars and trucks. Trump said earlier this week that the US Commerce Department is investigating possible trade actions on imported vehicles, and the administration is reportedly mulling a 25% tariff, or tax on imports, for the cars. US imported almost 37,000 cars from South Africa last year - it was the second biggest importer of SA vehicles, after the UK (54,400). In 2016, South Africa exported vehicles worth $1.6 billion to the US (R23.5 billion). Ford, BMW...

25 May 2018