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Us Trade And Investment Relationship With Sub Saharan Africa The African Growth And Opportunity Act And Beyond
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Book Synopsis U.S. Trade and Investment Relationship with Sub-Saharan Africa: The African Growth and Opportunity Act by : Ian F. Fergusson
Download or read book U.S. Trade and Investment Relationship with Sub-Saharan Africa: The African Growth and Opportunity Act written by Ian F. Fergusson and published by DIANE Publishing. This book was released on 2003 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis U.S. Trade and Investment Relationship with SubSaharan Africa by :
Download or read book U.S. Trade and Investment Relationship with SubSaharan Africa written by and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following the end of the apartheid era in South Africa in the early 1990s, the United States sought to increase economic relations with sub-Saharan Africa. President Clinton instituted several measures that dealt with investment, debt relief, and trade. Congress required the President to develop a trade and development policy for Africa. The economic challenges facing Africa today are serious. Unlike the period from 1960 to 1973, when economic growth in sub-Saharan Africa was strong, since 1973 the countries of sub-Saharan Africa have grown at rates well below other developing countries. There are some signs of improvement, but problems such as HIV/AIDS and the debt burden are constraining African economic growth. In May 2000, Congress approved a new U.S. trade and investment policy for sub-Saharan Africa in the African Growth and Opportunity Act (AGOA; Title I, P.L. 106-200). U.S. trade with and investment in sub-Saharan Africa have comprised only 1-2% of U.S. totals for the world. AGOA extends preferential treatment to imports from eligible countries that are pursuing market reform measures. Data show that U.S. imports under AGOA are mostly energy products, but imports to date of other products are growing. AGOA mandated that U.S. officials meet regularly with their counterparts in sub-Saharan Africa, and five of these meetings have been held. AGOA also directed the President to provide U.S. government technical assistance and trade capacity support to AGOA beneficiary countries. Government agencies that have had roles in this effort include the U.S. Agency for International Development, the Assistant U.S. Trade Representative for Africa (established by statute under AGOA), the Overseas Private Investment Corporation, the ExportImport Bank, the U.S. and Foreign Commercial Service, and the Trade and Development Agency. In addition to bilateral programs, the United States is a member of several multilateral institutions that also provide technical capacity building. In AGOA, Congress declared that free-trade agreements should be negotiated, where feasible, with interested sub-Saharan African countries. Related to this provision, negotiations on a free-trade agreement with the Southern African Customs Union, which includes South Africa and four other countries, began in June 2003. Several topics may be important to Congress in the oversight of AGOA and in potential legislation amending the act. These issues concern the expiration of the act, rules of origin provisions concerning textiles and apparel, the use of AGOA's benefits by more countries, and the HIV/AIDS epidemic. This product will be updated periodically.
Book Synopsis U.S. Trade and Investment Relationship with Sub-Saharan Africa: The African Growth and Opportunity Act and Beyond by :
Download or read book U.S. Trade and Investment Relationship with Sub-Saharan Africa: The African Growth and Opportunity Act and Beyond written by and published by . This book was released on 2008 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following the end of the apartheid era in South Africa in the early 1990s, the United States sought to increase economic relations with sub-Saharan Africa. President Clinton instituted several measures that dealt with investment, debt relief, and trade. Congress required the President to develop a trade and development policy for Africa. The economic challenges facing Africa today are serious. Unlike the period from 1960 to 1973, when economic growth in sub-Saharan Africa was relatively strong, since 1973 the countries of sub-Saharan Africa have grown at rates well below other developing countries. There are some signs of improvement, but problems such as HIV/AIDS and the debt burden are constraining African economic growth. In May 2000, Congress approved a new U.S. trade and investment policy for sub-Saharan Africa in the African Growth and Opportunity Act (AGOA; Title I, P.L. 106-200). U.S. trade with and investment in sub-Saharan Africa have comprised only 1-2% of U.S. totals for the world. AGOA extends preferential treatment to imports from eligible countries that are pursuing market reform measures. Data show that U.S. imports under AGOA are mostly energy products, but imports to date of other products have grown. AGOA mandated that U.S. officials meet regularly with their counterparts in sub-Saharan Africa, and six of these meetings have been held. AGOA also directed the President to provide U.S. government technical assistance and trade capacity support to AGOA beneficiary countries. Government agencies that have roles in this effort include the U.S. Agency for International Development, the Assistant U.S. Trade Representative for Africa (established by statute under AGOA), the Overseas Private Investment Corporation, the Export- Import Bank, the U.S. and Foreign Commercial Service, and the Trade and Development Agency. In addition to bilateral programs, the United States is a member of several multilateral institutions that provide trade capacity building.
Book Synopsis U.S. Trade and Investment Relationship with Sub-Saharan Africa by : Ian F. Fergusson
Download or read book U.S. Trade and Investment Relationship with Sub-Saharan Africa written by Ian F. Fergusson and published by . This book was released on 2005 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis U.S. Trade and Investment Relationship with Sub-Saharan Africa by : Ian F. Fergusson
Download or read book U.S. Trade and Investment Relationship with Sub-Saharan Africa written by Ian F. Fergusson and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis U.S. Trade and Investment Relationship with Sub-Saharan Africa by : Danielle Langton
Download or read book U.S. Trade and Investment Relationship with Sub-Saharan Africa written by Danielle Langton and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following the end of the apartheid era in South Africa in the early 1990s, the United States sought to increase economic relations with sub-Saharan Africa. President Clinton instituted several measures that dealt with investment, debt relief, and trade. Congress required the President to develop a trade and development policy for Africa. The economic challenges facing Africa today are serious. Unlike the period from 1960 to 1973, when economic growth in sub-Saharan Africa was relatively strong, since 1973 the countries of sub-Saharan Africa have grown at rates well below other developing countries. There are some signs of improvement, but problems such as HIV/AIDS and the debt burden are constraining African economic growth. In May 2000, Congress approved a new U.S. trade and investment policy for sub-Saharan Africa in the African Growth and Opportunity Act (AGOA; Title I, P.L. 106-200). U.S. trade with and investment in sub-Saharan Africa have comprised only 1-2% of U.S. totals for the world. AGOA extends preferential treatment to imports from eligible countries that are pursuing market reform measures. Data show that U.S. imports under AGOA are mostly energy products, but imports to date of other products have grown. AGOA mandated that U.S. officials meet regularly with their counterparts in sub-Saharan Africa, and six of these meetings have been held. AGOA also directed the President to provide U.S. government technical assistance and trade capacity support to AGOA beneficiary countries. Government agencies that have roles in this effort include the U.S. Agency for International Development, the Assistant U.S. Trade Representative for Africa (established by statute under AGOA), the Overseas Private Investment Corporation, the Export- Import Bank, the U.S. and Foreign Commercial Service, and the Trade and Development Agency. In addition to bilateral programs, the United States is a member of several multilateral institutions that provide trade capacity building.
Book Synopsis U.S. Trade and Investment Relationship with SubSaharan Africa by :
Download or read book U.S. Trade and Investment Relationship with SubSaharan Africa written by and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis U.S. trade and investment policy toward Sub-Saharan Africa and implementation of the African Growth and Opportunity Act by :
Download or read book U.S. trade and investment policy toward Sub-Saharan Africa and implementation of the African Growth and Opportunity Act written by and published by DIANE Publishing. This book was released on with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Congress. House. Committee on International Relations Publisher : ISBN 13 : Total Pages :30 pages Book Rating :4.:/5 (327 download)
Book Synopsis African Growth and Opportunity Act by : United States. Congress. House. Committee on International Relations
Download or read book African Growth and Opportunity Act written by United States. Congress. House. Committee on International Relations and published by . This book was released on 1999 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Congress. House. Committee on Foreign Affairs. Subcommittee on Africa and Global Health Publisher : ISBN 13 : Total Pages :68 pages Book Rating :4.F/5 ( download)
Book Synopsis Beyond Oil and Gas by : United States. Congress. House. Committee on Foreign Affairs. Subcommittee on Africa and Global Health
Download or read book Beyond Oil and Gas written by United States. Congress. House. Committee on Foreign Affairs. Subcommittee on Africa and Global Health and published by . This book was released on 2007 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis U.S. Trade and Investment Relationship with Sub-Saharan Africa by : Vivian C. Jones
Download or read book U.S. Trade and Investment Relationship with Sub-Saharan Africa written by Vivian C. Jones and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This report presents perspectives on African economic trends and provides an overview of U.S. trade and investment flows with sub-Saharan Africa (SSA). It discusses the provisions of the African Growth and Opportunity Act (AGOA) and the changes that have occurred since its enactment. It concludes with a brief discussion of issues of congressional interest.
Book Synopsis 2005 Comprehensive Report on U.S. Trade and Investment Policy Toward Sub-Saharan Africa, Et Al by : United States. President (2001-2009 : Bush)
Download or read book 2005 Comprehensive Report on U.S. Trade and Investment Policy Toward Sub-Saharan Africa, Et Al written by United States. President (2001-2009 : Bush) and published by . This book was released on 2005 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The African Growth and Opportunity Act by : Howard Sarisohn
Download or read book The African Growth and Opportunity Act written by Howard Sarisohn and published by Nova Science Publishers. This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2000, Congress passed the African Growth and Opportunity Act (AGOA), a U.S. trade preference program, in order to help spur market-led economic growth and development in sub-Saharan Africa (SSA) and deepen U.S. trade and investment ties with the region. Since its enactment, Congress has amended AGOA five times, making some technical changes and renewing the trade preferences through September 30, 2015. According to the Assistant U.S. Trade Representative, (USTR) for Africa, "AGOA is the cornerstone of America's trade and investment policy with sub-Saharan Africa." Economic conditions in Africa, however, have changed considerably since Congress passed the initial AGOA legislation. Annual real gross domestic product (GDP) growth in SSA was nearly a full percentage point lower than global GDP growth (2.3% vs. 3.2%) in the decade leading up to AGOA's passage (1990-2000). Over the last ten years, however, SSA's growth averaged 5.7%, two points higher than the 3.7% world average. While the region still contains many of the world's poorest countries and faces significant economic challenges, some observers and policymakers argue that changing economic conditions warrant an evolution in U.S. policy toward SSA, focused more strongly on private sector investment and increasing two-way trade. In recent years, SSA's growing economic potential and abundant natural resources have attracted other foreign investors, including state- supported enterprises from countries such as China, which is now the region's largest trading partner. This book seeks to inform the discussion on the potential reauthorization of AGOA through analysis of: (1) the components of the AGOA legislation; (2) U.S. import trends associated with AGOA; (3) the impact of AGOA on African economies and U.S.-Africa trade; and (4) the issues surrounding the reauthorization process.
Book Synopsis U.S. Trade and Investment Relations with Sub-Saharan Africa and the African Growth and Opportunity Act by : Vivian C. Jones
Download or read book U.S. Trade and Investment Relations with Sub-Saharan Africa and the African Growth and Opportunity Act written by Vivian C. Jones and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This report looks at the pros and cons of recent legislation brought up in the 112th Congress, including the renewal of the African Growth and Opportunity Act (AGOA) and how it will affect trade between the U.S. and sub-Saharan Africa (SSA).
Book Synopsis Launching a New Chapter in U.S.-Africa Relations by : Jennifer G. Cooke
Download or read book Launching a New Chapter in U.S.-Africa Relations written by Jennifer G. Cooke and published by Rowman & Littlefield. This book was released on 2014-02-21 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: Africa’s changing economic landscape is prompting a shift in how U.S. policymakers view the continent. High growth rates, new technologies, and a rapidly expanding consumer class are driving greater global competition for investment and access to potential export markets, and the United States is recognizing that it will need to step up its game to remain relevant and influential in an increasingly crowded and competitive environment. This will mean placing a stronger emphasis on strengthening trade and investment ties and encouraging U.S. companies to take fuller advantage of expanding opportunities. Playing up these opportunities will not only serve long-term U.S. commercial interests in Africa but will serve U.S. development and diplomatic objectives as well. U.S. investments, done right, can have long-term development impacts in Africa, through technology and knowledge transfer, training, systems development, and partnerships. And a new, more optimistic engagement with Africa’s citizens and entrepreneurs will have strong resonance with the continent’s up-and-coming generation, creating links based on enduring mutual interest.
Author :United States. Office of the U.S. Trade Representative Publisher :Nova Publishers ISBN 13 :9781600213892 Total Pages :144 pages Book Rating :4.2/5 (138 download)
Book Synopsis African Growth and Opportunity Act by : United States. Office of the U.S. Trade Representative
Download or read book African Growth and Opportunity Act written by United States. Office of the U.S. Trade Representative and published by Nova Publishers. This book was released on 2007 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: The African Growth and Opportunity Act offers a wide variety of benefits to businesses, workers, manufacturers, and farmers in eligible countries. It is important to remember that the Act can only offer opportunities. African countries are encouraged to seize the opportunities provided in the Act and to create enabling environments to strengthen prospects for expanded trade and investment. This new book focuses on the Act's trade preference benefits. The Guide is divided into 10 Chapters. Chapter 2 provides answers to frequently asked questions such as 'How can I determine whether the products I manufacture and want to export could benefit from the Act?'. Other chapters contain information on the specific trade benefits available and on the eligibility criteria that must be met for a country to receive these benefits. Chapter 8 provides a brief summary of other provisions of the Act and Chapter 10 provides a time line of key dates. Information on general US agricultural market access is provided in Chapter 9.
Download or read book AGOA III written by and published by . This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: On July 13, 2004, the "AGOA Acceleration Act of 2004" was signed by the President and became P.L.108-274. This legislation amends the African Growth and Opportunity Act (AGOA; P.L. 106-200, Title I), extending it to 2015. AGOA seeks to spur economic development and help integrate Africa into the world trading system by granting trade preferences and other benefits to Sub-Saharan African countries that meet certain criteria relating to market reform and human rights. Congress first amended AGOA in 2002 (P.L. 107-210) by increasing a cap on duty-free apparel imports and clarifying other provisions. The new AGOA amendment, commonly referred to as "AGOA III," extends the legislation beyond its current expiration date of 2008 and otherwise amends existing AGOA provisions. For further information on AGOA, see CRS Report RL31772, U.S. Trade and Investment Relationship with Sub- Saharan Africa: The African Growth and Opportunity Act and Beyond. This report will be updated as needed.
