Photo courtesy of www.planetreg.com
Office of the Spokesperson
Department of State
Washington, DC
August 9, 2013
The 12th annual African Growth and Opportunity Act (AGOA) Forum will
be held in Addis Ababa, Ethiopia, with the theme “Sustainable
Transformation through Trade and Technology,” bringing together senior
U.S. administration officials, African government ministers as well as
U.S. and African business and civil society stakeholders. The private
sector, civil society, and African Women Entrepreneurs Program (AWEP)
participants will launch the event from August 9-11 concurrent with a
trade fair organized by the Corporate Council on Africa followed by the
Ministerial Forum August 12-13.
AGOA enables the 39 eligible sub-Saharan African countries to export
most products duty-free to the United States. The total African exports
under AGOA have more than quadrupled since the program’s inception. In
2012, AGOA-eligible countries exported nearly $35 billion in products to
the United States duty free under AGOA and its related Generalized
System of Preferences (GSP) provisions. AGOA provides incentives for
African countries to improve their investment climates, reduce
corruption, respect human and labor rights and the rule of law, improve
infrastructure and harmonize trade standards to help them become more
competitive in the global marketplace.
The 2013 AGOA Forum will highlight the progress achieved since the
Act’s inception in 2000 and launch a dialogue on the future of United
States-sub-Saharan Africa trade and economic cooperation. These
discussions will pave the way for the Obama Administration to work with
Congress and other stakeholders on AGOA’s extension after September 30,
2015, when the current Act is due to expire.
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