期刊名称:International Economic Review / Office of Economics (United States International Trade Commission)
出版年度:2004
卷号:2004
出版社:United States International Trade Commission, Office of Economics
摘要:On May 18, 2000, President Bill Clinton signed the African Growth and
Opportunity Act (AGOA) into law. Subsequently, on August 6, 2002, President
George W. Bush signed the Trade Act of 2002, modifying the AGOA legislation and
providing expanded preferential access for imports from Sub-Saharan Africa (SSA)
beneficiary countries. These modifications are collectively referred to as AGOA
II. This article discusses AGOA, its subsequent modifications, and U.S. trade
with SSA beneficiary countries.
Conclusion: Total trade between the
United States and the SSA countries increased between 1999 and 2003. AGOA has
also encouraged interregional trade among African countries. In addition, AGOA
created the U.S.-Africa Trade and Economic Cooperation Forum, an
institutionalized mechanism to increase direct contact between the United States
and SSA countries. The Act provides incentives for accelerated trade reforms, as
well as the renovation and building of infrastructure important to U.S.-SSA
trade. Many public, private, and nongovernmental organizations are involved in
utilizing and expanding AGOA. A proposal to extend and expand AGOA–AGOA III–was
recently introduced in the United States Senate and House of Representatives.
AGOA III proposes to extend AGOA until at least 2015, as well as extend for 4
more years the special apparel provision that allows lesser developed
beneficiary countries to use third-country fabric and still remain eligible for
AGOA’s duty-free treatment for apparel exports to the United States. Thus, AGOA
has strengthened U.S.-Sub-Saharan Africa trade and economic relations