Monday, September 14, 2009

Business opportunities with Agoa

What is AGOA?

The African Growth and Opportunity Act (AGOA) is a United States Trade Act aimed at significantly enhancing U.S. market access for (currently) 39 Sub-Saharan African countries. The Act's mandate to 2015.

The AGOA trade programme extends duty-free access to the U.S. market. Notable items include apparel and footwear, wine, a variety of agricultural products, chemicals and others.

While AGOA removes import duties on eligible African imports, preferential market access is granted only upon compliance with the relevant Rules of Origin. These rules prescribe the percentage value added that must take place locally in an AGOA-beneficiary country.

Country eligibility for AGOA is determined by the US President and takes into account whether countries meet with a number of requirements. Countries need to "have established, or are making continual progress toward establishing the following: market-based economies; the rule of law and political pluralism; elimination of barriers to U.S. trade and investment; protection of intellectual property; efforts to combat corruption; policies to reduce poverty, increasing availability of health care and educational opportunities; protection of human rights and worker rights; and elimination of certain child labour practices".

List of AGOA-Beneficiaries (in alphabetical order)

COUNTRY
DATE DECLARED AGOA ELIGIBLE
Angola
30-Dec-03
Benin
02-Oct-00
Botswana
02-Oct-00
Burkina Faso
10-Dec-04
Burundi
01-Jan-06
Cameroon
02-Oct-00
Cape Verde 02-Oct-00
Chad
02-Oct-00
Comores 01-Jul-08
Congo 02-Oct-00
Congo, Democratic Republic of 01-Jan-03
Djibouti 02-Oct-00
Ethiopia 02-Oct-00
Gabon 02-Oct-00
Gambia, The 01-Jan-03
Ghana 02-Oct-00
Guinea 02-Oct-00
Guinea-Bissau 02-Oct-00
Kenya 02-Oct-00
Lesotho 02-Oct-00
Liberia 29-Dec-06
Madagascar 02-Oct-00
Malawi 02-Oct-00
Mali 02-Oct-00
Mauritius 02-Oct-00
Mauritania 28-Jun-07
Mozambique 02-Oct-00
Namibia 02-Oct-00
Niger 02-Oct-00
Nigeria 02-Oct-00
Rwanda 02-Oct-00
Sao Tome and Principe 02-Oct-00
Senegal 02-Oct-00
Seychelles 02-Oct-00
Sierra Leone 23-Oct-02
South Africa 02-Oct-00
Swaziland 02-Oct-00
Tanzania 02-Oct-00
Togo 21-Apr-08
Uganda 02-Oct-00
Zambia 02-Oct-00

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For more information check our the AGOA.info web portal which is aimed at ensuring traders and other stakeholders fully utilise the benefits of AGOA through the provision of information, and building of capacity.


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Emmanuel Dennis Ngongo
P.O. Box 8799 - 00200
Nairobi Kenya
Cell: +254 722619005
http://emmanuel-ed.blogspot.com/
Twitter: http://twitter.com/Emmanueldennis
www.yesweb.org

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