ATPC Work in Progress No. 89
The African Growth and Opportunity Act (AGOA) is a preferential arrangement governing over U.S.-African trade and investment relations since the year 2000. The legislation provides for preferential treatment of exports from Africa in the form of duty-free and largely quota-free access to US markets. It has been amended a number of times, to make substantial changes to the original provisions and also to extend the life of the Act until September 2015. With just four years left to its expiration, attention is centered on the extent to which AGOA is meeting its objectives of increasing African-US trade and investments, diversifying African exports and facilitating Africa’s integration in the global economy.