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The African Growth and Opportunity Act (AGOA) is a nonreciprocal trade preference program that provides duty-free treatment to U.S. imports of certain products from eligible sub-Saharan African (SSA) countries. Congress first authorized AGOA in 2000 to encourage export-led growth and economic development in SSA and improve U.S. economic relations with the region. This book seeks to inform the discussion on the potential reauthorization of AGOA through analysis of the components of the AGOA legislation; U.S. import trends associated with AGOA; the impact of AGOA on African economies and U.S.-Africa trade; and the issues surrounding the reauthorization process.
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The African Growth and Opportunity Act (AGOA) is a nonreciprocal trade preference program that provides duty-free treatment to U.S. imports of certain products from eligible sub-Saharan African (SSA) countries. Congress first authorized AGOA in 2000 to encourage export-led growth and economic development in SSA and improve U.S. economic relations with the region. This book seeks to inform the discussion on the potential reauthorization of AGOA through analysis of the components of the AGOA legislation; U.S. import trends associated with AGOA; the impact of AGOA on African economies and U.S.-Africa trade; and the issues surrounding the reauthorization process.