8_2006_Agoa -...

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About AGOA The African Growth and Opportunity Act (AGOA) was promulgated in the United States and significantly liberalises trade between the U.S. and 37 designated Sub-Saharan African (SSA) countries. The Act originally covered the 8-year period from October 2000 to September 2008, but amendments signed into law by U.S.President George Bush in July 2004 further extend AGOA to 2015. At the same time, a special dispensation relating to apparel was extended by three years to 2007. AGOA builds on existing U.S. trade programs by expanding the (duty-free) benefits previously available only under the Generalised System of Preferences (GSP) program. Duty-free access to the U.S. market under the combined AGOA/GSP program now stands at approximately 7,000 product tariff lines, including the roughly 1,800 product tariff lines that were added to the GSP by the AGOA legislation. Notably, these include items such as apparel and footwear, wine, certain motor vehicle components, a variety of
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This note was uploaded on 09/03/2011 for the course LAW 211 taught by Professor Lenaghan during the Fall '10 term at University of Western States.

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