American Chamber to lobby for AGOA extension

American Chamber to lobby for AGOA extension
Published
Thursday, 26 September 2013 ~ KENNEDY MUPESENI

The American Chamber of  Commerce in Zambia is planning to partner with the Zambian business community to lobby for extension of the African Growth Opportunity Act (AGOA) which expires in 2015.

Chamber executive director John Payne said AGOA was important for the strengthening of business engagements for both  Zambia and  the United States (US) hence,  the need to extend it.

Mr Payne said the organisation would use the meeting with the incoming US ambassador to Zambia as an opportunity to push for the extension of AGOA.

Further development of commerce between  the US and the business community in Zambia,  would result in more business opportunities for both countries.

“There is need for more trade between Zambia and the US, looking at the opportunities that are in the two countries in terms of national resources and market for the products which has not been fully exploited,” he said.

Mr Payne said in an interview that since the chamber registered its presence in Zambia, it has been able to attract 73 members  from both  the  US and Zambia and that,  it hoped to recruit more before the end of the year.

He also appealed to the business community in the country to take advantage of the chamber to explore more business opportunities.

“As a chamber we aim to serve US citizens,  US controlled companies and organisations doing business in Zambia as well as,  businesses which  are already or seeking to become involved in trade with the US by establishing networks,” he said.

The American Chamber of Commerce is a member-based business association founded in 2011 and  seeks to promote, develop, and facilitate commerce, trade, and investment between the US and Zambia.

Its focus areas include business linkages, policy advocacy, professional development, and corporate social responsibility.

View related news articles

Zambia urged to benefit from AGOA

Zambia needs to take advantage of the African Growth and Opportunity Act (AGOA) as it still possesses opportunity for economic growth. Since its inception in 2000, AGOA has given duty-free and quota-free access to the United States market on about 6,000 products from qualifying African countries, including Zambia. Speaking at the Corporate Council on Africa (CCA)-sponsored US-Africa Business Summit under the theme “The US stake in Africa:...

19 June 2017

Zambia: ‘Regional integration vital for growth’

Zambia will continue strengthening its participation in regional economic integration and trade investment platforms because the agenda will promote the country’s industrialisation efforts, a senior Government official has said. Ministry of Commerce, Trade and Industry permanent secretary Kayula Siame also said there is need for continued private sector sensitisation on the eligibility of the over 6,000 products that are supposed to be...

14 October 2016

Zambia: AGOA strategy development initiative completed

The six month AGOA Strategy Development Initiative headed by the Honorary Consul of Zambia in California, Robert Sichinga Jnr and a team from the UCLA Anderson School of Management is complete and the final report was sent to the Zambia Development Agency. The final presentation was made at the UCLA Anderson School of Management  on Friday March 11th in the presence of officials from the Consular Corp representing four other countries,...

15 March 2016

COMESA: AGOA-US exports swell to $17 billion

Common Market for Eastern and Southern Africa (COMESA) exports to America under the African Growth Opportunity Act (AGOA) has amounted to US$17 billion. The exports through the COMESA eligible countries amounted to $17.3 billion by November 2015. COMESA secretary general Sindiso Ngwenya said the United States-COMESA Trade and Investments Framework Agreement (TIFA) provides a more in depth copperation which could collaborate for mutally...

08 February 2016

US urges Zambia to diversify

The US government says the recent slump in copper prices serves as a timely reminder for Zambia to diversify its economy. US Ambassador to Zambia Eric Shultz says serious efforts must be taken to shift the economy to agriculture, tourism and power generation. Speaking when he officiated at the eighth US-COMESA consultative trade meeting, Ambassador Shultz also urged member countries to take advantage of the extended AGOA agreement to...

08 February 2016

Zambia to boost AGOA with strategy

Zambia has developed a strategy to help local exporters increase penetration of the United States of America market under the African Growth and Opportunity Act (AGOA). The National Response Strategy which has cost US$100,000 will be implemented to address the difficulties that Zambian companies faced in accessing the US market in the last 15 years of utilising the AGOA. AGOA was signed into law on May 18, 2000 as Title One of the Trade and...

23 April 2015

US-Zambia agricultural trade drops in 2014

Bilateral trade in agricultural products between Zambia and the United States dropped significantly in 2014, the Times of Zambia reported on Friday. Agricultural trade between the two countries dropped to 504,000 U.S. dollars from 732,000 dollars representing a 32 percent reduction, the paper said, quoting a report released by the U.S. Department of Commerce. The statement said the two countries had failed to utilize the Africa Growth...

11 January 2015

Zambia: Government, COMESA act to boost AGOA exports

The Government in collaboration with the Common Market for Eastern and Southern Africa (COMESA) has put in place a committee which will look at ways and means of increasing exports to the Africa Growth Opportunity Act (AGOA) market in the United States of America(USA). Commerce Trade and Industry Minister Bob Sichinga said there were a number of issues that needed to be addressed such as the Phytosanitary and sanitary measures. Mr Sichinga...

21 May 2014

Zambia: ZAM calls for incentives to utilise AGOA

The Zambia Association of Manufacturers (ZAM) has called for incentives that will improve Zambia's chances of penetrating the Africa Growth Opportunity Act (AGOA) apparel market. ZAM chief executive officer Maybin Nsupila said predictable economic policies were imperative if the country's chances of penetrating the United States (US) AGOA market were to brighten. Mr Nsupila said in an interview that a predictable policy environment can...

02 April 2014

Zambia: Government, stakeholders' AGOA review timely

Government's initiative to engage the Zambia Association of Manufacturers (ZAM) and other stakeholders to review the country's performance under the African Growth Opportunity Act (AGOA) duty-free export market, underscores the importance it attaches to the development of the manufacturing industry. Its concern emanates from Zambia's failure to export products to the lucrative US market despite the numerous incentives offered under the AGOA...

12 September 2013