TRALAC - Trade Law Centre

News Search

A second look at AGOA - opinion piece

A second look at AGOA - opinion piece

I had three distinct reactions to Nicholas Kristof’s June 30th op-ed titled “Africa on the Rise.”First, I was put off by his generalizations. Does he really think that Americans, especially those who read The New York Times thoroughly enough to get to his column, still regard Africa simply as “a quagmire of famine and genocide, a destination only for a sybaritic safari or a masochistic aid mission”?Does he really believe that US businesses are “only beginning to wake up to the economic potential” of Africa? These assertions...

10 July 2012
East Africa: EAC earns US$202 million from AGOA exports

East Africa: EAC earns US$202 million from AGOA exports

The five partner states of the East African Community (EAC) have in the first six months of 2012 earned $202m from exports to the United States under the Africa Growth and Opportunity Act (AGOA) initiative. AGOA grants up to 97% market access to Africa's exports, as the US seeks a more liberalised African market for its exports. According to the US Department of Commerce report of June 2012, Burundi's export earnings were $1.7m for the first six months of 2012 although this was a decline from earnings in the first half of 2011 which was...

09 July 2012
FDI inflows to sub-Saharan Africa on the rise

FDI inflows to sub-Saharan Africa on the rise

Foreign Direct Investment inflows to sub-Saharan Africa (s-SA), which includes SA, jumped from US$29.5 billion in 2010 to $36.9 billion in 2011, a United Nations Conference on Trade and Development’s (UNCTAD) World Investment Report released on Thursday showed.“A rebound in FDI to SA accentuated that recovery,” the report noted.UNCTAD expected the region to continue enjoying foreign investment inflows in 2012, mainly driven by interest from Asia.In s-SA, with the exception of SA, net sales relating to mergers and acquisitions more than...

07 July 2012
Tanzania: DITF calls upon Tantrade to study AGOA needs

Tanzania: DITF calls upon Tantrade to study AGOA needs

Tanzania Trade Development Authority (Tantrade), has been urged to carry out research in AGOA to identify market needs and relay the information to local businesses so as to enable them to customise their services. Maajar, Tanzanian-US Ambassador made the remarks on Sunday at the Dar es Salaam International Trade Fair (DITF) when she paid a visit with VIP business executives from the US to hold talks with Tantrade’s Acting Director General Samuel Billy Mwingira before visiting the exhibitions. “…I encourage Tantrade to market our...

03 July 2012
Africa on the rise - opinion piece

Africa on the rise - opinion piece

Generations of Americans have learned to pity Africa. It's mainly seen as a quagmire of famine and genocide, a destination only for a sybaritic safari or a masochistic aid mission.So here's another way to think of Africa: an economic dynamo. Is it time to prepare for the African tiger economy? Six of the world's 10 fastest-growing economies between 2001 and 2010 were in Africa, according to The Economist. The International Monetary Fund says that between 2011 and 2015, African countries will account for seven of the top 10 spots.Africa isn't...

03 July 2012
Congressional testimony on embracing Africa's potential, delivered by Assistant Secretary Johnnie Carson

Congressional testimony on embracing Africa's potential, delivered by Assistant Secretary Johnnie Carson

Mr. Chairman and Members of the Committee:Thank you for providing me with the opportunity to address the committee on what I feel is an important and timely topic. The U.S. Government is committed to expanding trade and investment in sub-Saharan Africa and the numbers show our commitment. U.S. trade to and from Africa has grown significantly in the past ten years. U.S. exports to sub-Saharan Africa tripled from just under $7 billion U.S. dollars in 2001 to over $21 billion dollars in 2011.As Secretary of State Clinton said at the annual AGOA...

30 June 2012
US Congress looks to extend AGOA apparel provisions

US Congress looks to extend AGOA apparel provisions

Bipartisan bills have been introduced in both the Senate and the House of Representatives to continue the expansion of United States trade with sub-Saharan Africa and Central America, by means of extending and changing key provisions of the African Growth and Opportunity Act (AGOA) and the Dominican Republic-Central America-US free trade agreement (CAFTA-DR).AGOA is described as the cornerstone of America’s trade and investment policy with sub-Saharan Africa. At the centre of AGOA are substantial trade preferences that, along with those...

25 June 2012
Rep. Baucus, Sen. Hatch introduce bill to support jobs, strengthen trade ties with Sub-Saharan Africa and Central America

Rep. Baucus, Sen. Hatch introduce bill to support jobs, strengthen trade ties with Sub-Saharan Africa and Central America

Senate Finance Committee Chairman Max Baucus (D-Mont.) and Ranking Member Orrin Hatch (R-Utah) introduced legislation today [ AGOA.info note: track progress of this legislation at this link] to continue expanding U.S. trade with sub-Saharan Africa and Central America. The bill will extend a key provision of the African Growth and Opportunity Act (AGOA) and make non-controversial technical changes to the Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR) textiles and apparel provisions. In addition to the AGOA...

21 June 2012
11th AGOA Forum ends in Washington

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 end of two very productive days spent exchanging ideas about how to further that common goal in...

21 June 2012 | United States Department of State (Washington, DC)
Rwanda: Transport hurdles limit AGOA benefits

Rwanda: Transport hurdles limit AGOA benefits

Lack of developed transportation network in the region is among the hurdles hindering landlocked countries from maximising the benefits from the African Growth and Opportunities Act (AGOA).This was highlighted during the just concluded AGOA forum, where US and Sub-Saharan Africa governments and private sector discussed the trade opportunities and challenges among AGOA member countries.The Minister of Trade and Industry, Francois Kanimba, led the Rwandan delegation to the meeting along with Ambassador James Kimonyo.He called for a "stronger...

21 June 2012
East Africa, US to pursue trade and investment partnership

East Africa, US to pursue trade and investment partnership

Following a meeting on the sidelines of the recent African Growth and Opportunity Act (AGOA) Forum, the United States Trade Representative (USTR) and the East African Community (EAC) member states have issued a joint statement on a new trade and investment partnership.The USTR Ron Kirk, the EAC’s Secretary General Richard Sezibera, the Burundian Minister of Commerce Victoire Ndikumana, the Kenyan Minister for Trade Moses Wetang'ula, the Rwandan Minister of Trade and Industry François Kanimba, the Tanzanian Minister for Industry, Trade,...

19 June 2012
US trade official's closing remarks at AGOA Forum

US trade official's closing remarks at AGOA Forum

Statement from Office of the United States Trade Representative, made by Deputy USTR Ambassador Demetrios Marantis:Good afternoon,I want to start off by saying thank you to our distinguished guests - the African Ministers and officials who have traveled so far to be here, my U.S. Government colleagues, and our partners in the private sector - for your insightful dialogue over the course of this ministerial, and for your continued commitment to fostering this vital partnership between the United States and sub-Saharan Africa.Yesterday...

19 June 2012
USTR Ron Kirk and South Africa's trade minister Rob Davies sign agreement to enhance trade and investment

USTR Ron Kirk and South Africa's trade minister Rob Davies sign agreement to enhance trade and investment

United States Trade Representative Ron Kirk and South Africa Minister of Trade Rob Davies (have) signed a Trade and Investment Framework Agreement (TIFA). Today’s Agreement amends the TIFA signed in 1999 in order to deepen the U.S.-South Africa trade and investment relationship. The TIFA also provides a forum to address trade issues and will help enhance trade and investment relations between the two countries.“This amended agreement will provide a forum to better exchange views on improving the trade and investment climate and promoting...

19 June 2012
AGOA session highlights civil society's importance to prosperity

AGOA session highlights civil society's importance to prosperity

The 11th AGOA Forum not only brought together U.S. and African officials to discuss infrastructure and trade June 14-15, but also featured an important meeting of civil society leaders to evaluate the African Growth and Opportunity Act's impact on ordinary people and discuss ways to better educate them about the trade act's benefits.The AGOA Civil Society Session included social organization leaders, small- and medium-sized business entrepreneurs, network members, young professionals and members of the African Women Entrepreneurs Program...

19 June 2012
US, South Africa step up trade relationship

US, South Africa step up trade relationship

The United States and South Africa are stepping up their trade and investment relationship by vowing to open up a dialogue and remove hurdles. US Trade Representative Ron Kirk and South Africa Minister of Trade Rob Davies have signed a Trade and Investment Framework Agreement (TIFA), which amends the TIFA signed in 1999, to better address and deepen the trade and investment relations between the two countries. "This amended agreement will provide a forum to better exchange views on improving the trade and investment climate and promoting...

18 June 2012 | Vicki Needham
Zambia: Tackle non-tariff barriers, urges US expert

Zambia: Tackle non-tariff barriers, urges US expert

A United States (US) trade expert has urged African countries to fight off the non-tariff barriers which are the biggest hindrance to the growth of infra-Africa trade.Deputy Assistant Secretary for Market Access and Compliance at US Department of Commerce and International Trade Administration John Anderson hailed African countries for removing tariffs on goods but complained that the biggest enemy remained the non-tariff barriers.Speaking from Washington through a teleconference, Mr Anderson said various African countries had, through...

18 June 2012
Africa: Clinton applauds AGOA at 11th Forum kick-off (incl. link to video)

Africa: Clinton applauds AGOA at 11th Forum kick-off (incl. link to video)

Secretary of State Hillary Rodham Clinton opened the 11th U.S.-Sub-Saharan Africa Trade and Economic Forum yesterday, also known as the AGOA Forum, in Washington with remarks applauding the great success of the pivotal economic development program.[Follow this LINK to view a video broadcast of Sec. Clinton's opening remarks.] "AGOA has helped to increase trade and investment and opened new doors of opportunity," Clinton said during the forum at the State Department June 14. "It's led to new jobs, the rise of new sectors and new business...

15 June 2012
White House Factsheet on new strategy towards Africa, plus overview of past US engagement with Africa

White House Factsheet on new strategy towards Africa, plus overview of past US engagement with Africa

Today the White House announced a new U.S. Strategy Toward Sub-Saharan Africa that provides a proactive and forward looking vision grounded in partnership. The new strategy sets forth four strategic objectives, as described below, and commits the United States to elevate its efforts on the first two of these four pillars: strengthening democratic institutions and spurring economic growth, trade and investment.• Strengthen Democratic Institutions: The new strategy commits the United States to work to advance democracy by strengthening...

15 June 2012
White House fact sheet on 'New Strategy Toward Sub-Saharan Africa'

White House fact sheet on 'New Strategy Toward Sub-Saharan Africa'

Today the White House announced a new U.S. Strategy Toward Sub-Saharan Africa that provides a proactive and forward looking vision grounded in partnership. The new strategy sets forth four strategic objectives, as described below, and commits the United States to elevate its efforts on the first two of these four pillars: strengthening democratic institutions and spurring economic growth, trade and investment. • Strengthen Democratic Institutions: The new strategy commits the United States to work to advance democracy by...

14 June 2012 | iipdigital
US Chamber of Commerce letter on AGOA third country fabric provision

US Chamber of Commerce letter on AGOA third country fabric provision

Contents of the letter addressed to members of the US Congress relating to the pending expiry of AGOA's third country fabric provisions. The Honorable Max Baucus Chairman Committee on Finance United States Senate Washington, DC 20510The Honorable Orrin Hatch Ranking Member Committee on Finance United States Senate Washington, DC 20510The Honorable Dave Camp Chairman Committee on Ways and Means U.S. House of Representatives Washington, DC 20515The Honorable Sander Levin Ranking Member Committee on Ways and Means U.S. House of Representatives...

14 June 2012
On-the-Record Briefing - Assistant Secretary of State for African Affairs Johnny Carson and Deputy Trade Representative Ambassador Demetrios Marantis

On-the-Record Briefing - Assistant Secretary of State for African Affairs Johnny Carson and Deputy Trade Representative Ambassador Demetrios Marantis

Assistant Secretary of State for African Affairs Johnny Carson and Deputy Trade Representative Ambassador Demetrios Marantis On U.S. Trade and Investment Policy in Africa and the Upcoming AGOA Forum: MR. VENTRELL: Hi, everyone, and good afternoon. Thanks for being patient as we're a couple minutes late here today. But today's call is on-the-record. We have with us Assistant Secretary of State for African Affairs Johnnie Carson, and Deputy Trade Representative Ambassador Demetrios Marantis. They're both here to discuss and to preview U.S....

14 June 2012
Rule to encourage Africa trade set to expire

Rule to encourage Africa trade set to expire

A clause in a U.S. trade law designed to stimulate trade with Africa is set to expire Sept. 30 and, so far, there appears little prospect that it will be renewed by Congress.At issue is a provision in the African Growth and Opportunity Act, which was passed with bipartisan support by Congress in 2000 and gives 40 African countries tariff-free access to the U.S. market. Some 90% of exports to the U.S. from Africa since then have been oil.But a clause called the “third-country fabric rule” has been successful in encouraging the growth of...

13 June 2012
'Politics' blocking African trade bill-USTR Kirk

'Politics' blocking African trade bill-USTR Kirk

U.S. Trade Representative Ron Kirk on Wednesday pressed Congress to quickly renew an expiring trade benefit that has nourished the African clothing industry over the past decade, saying it was crucial for the survival of many African producers."There are literally millions of lives and jobs that would be impacted if we can't get it resolved quickly," Kirk said in a speech at the Brookings Institution, expressing frustration that the issue has been "caught up in the politics of the moment."Kirk spoke ahead of an annual forum with sub-Saharan...

13 June 2012
Eleventh AGOA Forum focusing on infrastructure

Eleventh AGOA Forum focusing on infrastructure

U.S. and African leaders are meeting June 14-15 at the 2012 African Growth and Opportunity Act (AGOA) Forum in Washington for talks focused on enhancing African infrastructure, which a U.S. State Department economist says is key to unlocking the continent's potential.Amy Holman, economic policy director for the department's Bureau of African Affairs, said in a June 12 AGOA briefing that Africa's lacking infrastructure poses a major challenge to its trade, investment and growth."We've seen that in the case of bilateral trade, and even more...

12 June 2012
Sec Clinton to deliver opening remarks at AGOA Ministerial Forum

Sec Clinton to deliver opening remarks at AGOA Ministerial Forum

On June 14, Secretary of State Hillary Rodham Clinton will deliver opening remarks for the 2012 U.S. AGOA Forum. The AGOA Forum will focus on enhancing infrastructure development in Africa in four ways: (1) promoting an improved business climate and effective regulation that will encourage private-public partnerships; (2) increasing regional economic integration through strategic development of regional transportation corridors, regional power pools, and power generation capacity that can be shared across borders; (3) highlighting...

12 June 2012
US Assistant Sec of State to give keynote address at CSO AGOA Forum

US Assistant Sec of State to give keynote address at CSO AGOA Forum

Assistant Secretary Johnnie Carson will give a keynote address at the Civil Society Organization (CSO) Session of the 2012 African Growth and Opportunity Act (AGOA) Forum on June 13, 2012. The CSO Session will be held from June 12-14, 2012, in Washington, D.C. On Tuesday June 12, opening day activities will take place at the Washington Plaza Hotel then move to the Woodrow Wilson Center and the Brookings Institution on Wednesday, June 13. On June 15, CSOs will present their recommendations to delegates during the AGOA Ministerial Session at...

11 June 2012
AGOA Forum 2012 Washington - Programme details

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 Business: Strengthening Linkages and Skills to Transform Africa’s Food Systems.” The forum will...

10 June 2012
US-Sub Saharan (Ministerial session) trade forum begins in Washington Thursday

US-Sub Saharan (Ministerial session) trade forum begins in Washington Thursday

The U.S. Department of State, in conjunction with several U.S. Government agencies, will host the eleventh annual U.S.-sub-Saharan Africa Trade and Economic Forum, commonly known as the AGOA Forum, June 14-15, 2012 in Washington, D.C.The African Growth and Opportunity Act (AGOA) is the United States Government's signature trade initiative with sub-Saharan Africa, and is the parent legislation of the Forum.The 2012 AGOA Forum will focus on enhancing infrastructure development in Africa in promoting an improved business climate and effective...

10 June 2012
AGOA: Nigeria exports to US hit USD44bn

AGOA: Nigeria exports to US hit USD44bn

African Growth and Opportunity Act - Nigeria’s exports to the US under the African Growth and Opportunity Act( AGOA) scheme in the last 10 years have hit US$44.3 billion, amid a growing call by the U.S. to increase the export profile ahead of the scheme's extension to Asian countries, which could pose stiffer competition for Africa. The private Guardian newspaper reported Friday that the Economic Counsellor at the U.S. Embassy in Abuja, Mr. Perry Bell, gave the figure. Mr. Bell also put the volume of the two-way trade under the Act at...

08 June 2012
US, West African customs officials discuss requirements of AGOA

US, West African customs officials discuss requirements of AGOA

West African customs officials from nine countries are working with U.S. Customs and Border Patrol officials to improve compliance with the African Growth and Opportunity Act (AGOA) during a two-day workshop in Accra, Ghana, sponsored by the USAID West Africa Trade Hub. “AGOA has helped West African exporters compete in the U.S. market, but it does require strict compliance with procedures and documentation,” said Abou Fall, the AGOA Services Manager at the USAID Trade Hub. “This workshop brings together the customs officials from both...

06 June 2012
‘Zambia, US trade unbalanced’

‘Zambia, US trade unbalanced’

Zambia’s exports to the United States of America (USA) still remain undesirable at only US$47.3million compared to imports of US$129 million recorded last year, says a government official.Deputy Minister of Commerce, Trade and Industry Keith Mukata says the country should move away from being a mere producer and supplier of raw materials to producer of value-added products to ensure a trade balance between the two countries.“I note with concern that trade figures between the two countries are quite low. These clearly are not desirable...

06 June 2012
Mauritius Ambassador seeks extension of AGOA provision

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 legislation, first passed in 2000, has already had an important impact on increasing exports to the U.S....

05 June 2012
Nigeria-US oil exports rose to $34bn in 2011

Nigeria-US oil exports rose to $34bn in 2011

Crude oil exports from Nigeria to the United States rose to $34 billion in the year 2011; from $31 billion and $19 billion in 2010 and 2009 respectively.Within the same period, the figures for non-oil export rose from $101 million in 2009 to $115 million and $150 million in 2010 and 2011 respectively.These figures were presented by the Economic Counsellor of the US Embassy, Mr. Perry Ball, at a recent media briefing held in Abuja.He also added that the success of the amnesty programme of late President Yar’Adua was responsible for the rise...

04 June 2012
Africa: Continent's time has come, says US trade official

Africa: Continent's time has come, says US trade official

Africa has become the next economic frontier, thanks to outstanding recent growth, new reforms and better governance across the continent, according to Assistant U.S. Trade Representative for Africa Florizelle Liser."With the kinds of growth rates that we see, the reforms that have taken place in many sub-Saharan African countries, the ... business reforms that they have made, the leadership that we're now seeing on the continent and advances in democracy [and] fewer conflicts, we recognize that Africa's time has come," Liser said in...

31 May 2012
Africa: US Congressional inaction threatens jobs, consumers

Africa: US Congressional inaction threatens jobs, consumers

The United States may jeopardize its relationship with 40 countries in sub-Saharan Africa if Congress does not act urgently to extend a provision of a trade law which allows African-manufactured apparel to be more easily exported to U.S. markets.There are six days remaining for legislative business in the Congress prior to the 2012 African Growth and Opportunity Act (AGOA) Forum that will take place on June 14 and 15 in Washington, D.C. Failure to extend the provision, arising either from inertia or deliberate inaction by some members of...

31 May 2012
Swaziland: More jobs to be created with renewal of AGOA provision

Swaziland: More jobs to be created with renewal of AGOA provision

With the renewal of the Africa Growth Opportunity Act (AGOA) provision of sourcing fabric beyond September 2012, the apparel sector in Swaziland and other African countries will expand its operations and more jobs expected to be created. Minister of Commerce, Industry, and Trade Jabulile Mashwama said next month, African ministers of trade of the AGOA beneficiary countries would be meet with the United States government for the annual AGOA forum. She said the forum would be happening at a time when the provision that allowed AGOA...

30 May 2012 | Swaziland Observer
Kenya: US Senator Coons tours Delaware native's eco-friendly business in Kenya

Kenya: US Senator Coons tours Delaware native's eco-friendly business in Kenya

US Senator Chris Coons (D-Del.), chairman of the Senate Foreign Relations Subcommittee on African Affairs, today toured Ecosandals, a company co-founded by Delaware native Matt Meyer in the Nairobi neighborhood of Korogocho. "As we shift the U.S. mentality toward Africa from aid to trade, local businesses like Ecosandals are the perfect example of how to create good, quality jobs, and I'm so proud a Delawarean helped to found this company," Senator Coons said. "It was a pleasure to visit Ecosandals today, and to talk with Matt and some of...

30 May 2012 | United States Senate (Washington, DC)
Africa: The next frontier for investors

Africa: The next frontier for investors

Economists say Africa will grow by 5.5 percent in 2012, with seven African countries expected to rank among the 10 fastest-growing economies in the world during the next five years, projections that are making the continent an increasingly popular destination for foreign investors."There is a new story emerging about Africa; a story of growth, progress, potential and profitability," global business consulting company Ernst & Young said in a May report on Africa's attractiveness for foreign direct investment (FDI)."Africa certainly has all...

25 May 2012
Ethiopia: Traditional weavers to weave their way into international market

Ethiopia: Traditional weavers to weave their way into international market

Traditional weavers in Addis Abeba are to receive traditional weaving and design training starting this June to help them produce exportable products. Benefiting from a 3.8 million Br injection from the USAID’s Competitiveness and Trade Expansion Program (COMPETE), the project brings together the Centre for African Women Economic Empowerment (CAWEE), as project owner, and two companies owned by Sara Abera, Sara Garment Designers and Manufacturers (SGDM) and Muya Abyssinia Craft, as project implementers. The total project cost is 6.3...

25 May 2012 | Ethio News
US envoy pushes for AGOA policy, increased bilateral trade

US envoy pushes for AGOA policy, increased bilateral trade

The US has encouraged African countries to look at it as among markets they could benefit from.The US Assistant Secretary of State for African Affairs, Ambassador Johnnie Carson, said African countries should not only look at American products, but also consider the country as their market.He made these remarks last Thursday evening when briefing journalists on the US policy on Africa through teleconference.He said the African Growth and Opportunities Act (Agoa) opened up the US market to 5,000 products from Africa to enter the US duty free....

21 May 2012
Botswana: Textile sector's future hinges on June US meeting

Botswana: Textile sector's future hinges on June US meeting

The local textile sector's continued duty and quota free access to the US market will be decided mid-June, even as the country's sole exporter to that market notes lower orders caused by uncertain buyers planning for all eventualities.Last year, Botswana exported products worth US$17 million (P125.8 million) under the African Growth and Opportunities Act (AGOA), with textiles accounting for US$15 million and the balance comprising of jewellery, crafts and furniture.However, in September a key provision allowing local textile manufacturers to...

18 May 2012
Zambia's AGOA exports soar

Zambia's AGOA exports soar

Zambia’s export to the United States of America (USA) under the Africa Growth Opportunity Act (AGOA) last year rose to US$47.3 million from $26.9 million registered in 2010.But Commerce, Trade and Industry Minister Robert Sichinga (right) said the trade figures between the two countries were still low.Mr Sichinga said while Zambia’s exports to USA were growing, the figures remained far below the country’s import from USA.He said for example, last year, exports to the USA from Zambia stood at a mere $47.3 million, while imports were at...

18 May 2012
Carson: AGOA boosts trade, supports shared growth with Africa

Carson: AGOA boosts trade, supports shared growth with Africa

The African Growth and Opportunity Act (AGOA) has boosted exponentially the United States’ trade with sub-Saharan Africa and remains the “centerpiece” of U.S. economic engagement with the region, according to Assistant Secretary of State for African Affairs Johnnie Carson.Speaking ahead of the annual AGOA forum, scheduled to take place in Washington June 14–15, Carson said the pivotal economic development program “remains very relevant today not only for the trade preferences it provides eligible African countries, but also for the...

17 May 2012
Africa: Great opportunity lies between oil and textiles on continent

Africa: Great opportunity lies between oil and textiles on continent

The Trade Advisory Committee on Africa meets with U.S. Trade Representative Ron Kirk in Washington to discuss trade policy and initiatives in Africa.The Trade Advisory Committee on Africa (TACA) met with U.S. Trade Representative Ron Kirk on May 11 in Washington to discuss trade policy and initiatives in Africa. This TACA meeting, the first of 2012, was held in advance of the African Growth and Opportunity Act (AGOA) Forum the United States will host in mid-June.Committee members represent financial institutions, trade associations, academia...

14 May 2012
USTR urges extension of AGOA's textile provision

USTR urges extension of AGOA's textile provision

The United States Trade Representative has confirmed that the Administration is committed to boosting trade with African nations through the African Growth and Opportunity Act (AGOA) and, in that respect, renewal of its Third-Country Fabric (TCF) provision is seen as crucial.AGOA was signed into law by President Clinton in May 2000, with the objectives of expanding US trade and investment with sub-Saharan Africa, stimulating economic growth, promoting a high-level dialogue on trade and investment-related issues, and facilitating sub-Saharan...

10 May 2012
Mauritius, Zambia plea for AGOA fabric rule extension

Mauritius, Zambia plea for AGOA fabric rule extension

The ambassadors of Mauritius and Zambia to the US have made a joint appeal to the US Congress to extend the third-country fabric provision under the Africa Growth Opportunity Act (AGOA) for the benefit of workers and businesses in the African countries as well as in the US. They said the passage of legislations S. 2007 and H.R. 2493 would enable the US to continue to receive high-quality textiles and apparels from Africa at competitive prices.  The third-country fabric rule allows AGOA beneficiary countries to use yarns and fabrics...

10 May 2012
US meeting to decide fate of textile workers

US meeting to decide fate of textile workers

The fate of 40,000 factory workers facing possible lay off at Export Processing Zone will be determined at a meeting in the US next month.US ambassador Scott Gration said a meeting has been called in Washington DC in June to discuss renewal of certain provisions in the Africa Growth Opportunity Act (Agoa) that offer privileges to countries like Kenya to export certain products to US market.On Tuesday, Kenya Export Processing Zone Authority (EPZ) expressed fear that the delay in renewal of the third country fabric, a provision in the Agoa Act...

10 May 2012