TRALAC - Trade Law Centre

American Chamber of Commerce urges full use of AGOA by Ghana

Sunday, 29 May 2016 Published: | Norvan Acquah

Source: City FM Online

Ghanaian exporters have been urged to take full advantage of the Africa Growth and Opportunity Act (AGOA) and increase exports to the US.

 

The Chairperson of the American Chamber of Commerce, Ghana, Angela Kyeremanten – Jimoh contends that Ghanaian exporters, particularly SMEs have not utilized fully, the benefits accruing to them under the program.

According to her, the situation persists despite the huge market potential for Ghanaian exporters in the US.

The AGOA is a non-reciprocal trade preference programme that provides duty-free treatment to U.S. imports of certain products from eligible sub-Saharan African (SSA) countries.

Under AGOA, Ghana can export about 6,400 items, including oil, automobile, agricultural raw materials or processed products among others to the United States without restrictions on how much could enter or the need to pay tariffs on such exports.

Angela Kyeremanten – Jimoh made the remarks in an interview with Citi Business News at the sidelines of the American Chamber of Commerce- Ghana’s sensitization workshop on exporting to the US under the AGOA.

“We have learnt that we export yam to the US and pay duties when we are not supposed to do so and the same goes for the cocoa powder that we export the US which shouldn’t be the case under the AGOA programme. Reasons why people are not taking advantage of the program bore down to the paper work that one has to do and also not knowing about it,” she noted.

Angela Kyeremanten – Jimoh however added, “So that is why we have put together the sensitization workshop to help educate people on AGOA. That is to help create the awareness so people will take advantage of AGOA. This is because there are some good hanging fruits and I urge exporters to read about it get to learn about which can help them.”

The AGOA program is also similar to the Generalized System of Preference (GSP), a U.S trade preference program that applies to over 120 developing countries, including Sub Saharan countries.

AGOA however builds on the GSP by providing preferential access to the U.S market for more products, such as apparel and sets out additional eligibility criteria.

AGOA’s authorization however expires in 2025.

The AGOA Extension and Enhancement Act of 2015, was approved by the Senate, awaiting approval by the House of Representatives and the US President.

 

View related news articles

Ghana Apparel Training Centre launched to develop garment industry

Ghana Apparel Training Centre launched to develop garment industry

In efforts to support Ghana’s garment manufacturing industry, the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, together with its partners – Ethical Apparel Africa (EAA), Gerber, Groz Beckert, Freudenberg and Accra Technical Training College (ATTC), have officially launched the Ghana Apparel Training & Service Centre, in Accra. The launch...

27 November, 2020
Opinion: 'Trump vs. Biden: This is how it could impact South African agriculture'

Opinion: 'Trump vs. Biden: This is how it could impact South African agriculture'

As the race for the White House continues, agriculture leaders say a win for Democrat Joe Biden will strengthen and fast-track trade relations between South Africa and the United States. Currently, the race between pres. Donald Trump and Biden hinges on tight races in battleground states. Trump has already falsely claimed victory while Biden called for patience and every...

05 November, 2020
US-Ghana trade deepens as 2019 local AGOA Expo ends

US-Ghana trade deepens as 2019 local AGOA Expo ends

The Ghana Chamber of Commerce and Industry (GNCCI) has ended its Africa Growth Opportunity Act (AGOA) trade Expo with a high-powered business to business meeting which saw over 50 African American businesses strike business deals with Ghanaian businesses partaking of the event.  President of the Chamber, Dr Nana Appiagyei Dankawoso 1 was confident “the engagement...

11 December, 2019
Nigeria can harvest $2bn from yearly spices export

Nigeria can harvest $2bn from yearly spices export

Professor Haruna Dikko Ibrahim is the Director-General Raw Material Research and Development Council (RMRDC) Abuja. In this interview, he explains the huge potentials Nigeria can generate from the export of spices.  Excerpts: Can you give us an idea into the global trade of spices? The global seasonings and spices market is on an upward trend.  The spice...

18 August, 2019
US delegation reaffirms commitment to Ghana’s apparel manufacturing industry

US delegation reaffirms commitment to Ghana’s apparel manufacturing industry

The United States of America has reaffirmed its commitment to supporting Ghana’s apparel manufacturing industry. This follows a visit of a high-level U.S Congressional Delegation including its Speaker, Nancy Pelosi, to Ghana’s largest apparel manufacturer in West Africa, Dignity Do the Right Thing (DTRT) located in Adabraka, Accra. Speaking to JoyBusiness at the visit...

30 July, 2019
Ghana Chamber to build capacity of businesses to utilise opportunities in AGOA

Ghana Chamber to build capacity of businesses to utilise opportunities in AGOA

The Ghana National Chamber of Commerce and Industry and its partners are working together to increase Ghana's utilisation of African Growth and Opportunity Act (AGOA). AGOA accords sub Saharan African countries the opportunity to export over 6,500 products on a duty-free and quota-free basis. Over the years, Ghana had not been able to derive much benefit from AGOA, hence...

24 October, 2018