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Economic Report - Future Uncertain for African Growth and Opportunity Act
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African
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Ethiopia
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United States is considering the future of an American law called
African Growth and Opportunity Act, or AGOA. This law allows countries
sub-Saharan Africa to export some goods and natural resources to the
States without dutiesAGOA is set to end in 2015. It was
into law in 2000 and has been extended once already. Earlier
month, American Trade Representative Michael Froman met with African ministers in
for talks on the possible renewal of AGOA. He said the
States is interested in African trade talks with the European Union.
said American officials want to know about the results of those
before they decide what to do about extending the law. Mr.
said African partner countries need to think about how they want
work with the United States on renewing it. He said the
need to understand how this issue relates to their negotiations with
European Union. EU economic partnership agreements with African countries would be
from AGOA. Not only would African products be duty-free in Europe.
goods sent to African markets would not be subject to import
either. Mr. Froman said the wording of AGOA might need to
changed so the law is more like the EU partnership agreements.
said the United States is unlikely to support calls for giving
partners one-way access to the American market while limiting trade for
companies. In the end, the United States Congress will decide whether
not to approve an extension of the law, and for how
. For VOA Learning English, I'm Alex Villarreal.
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