AGOA: Bilateral Trade between the US and SSA Countries
Completion Date:
Project Overview
AGOA :-The African Growth and Opportunity Act ( AGOA )provides eligible sub-Saharan African countries with duty-free access to the U.S. market for over 1,800 products. The objectives of the legislation include the expansion and deepening of the trade and investment relationship with Sub-Saharan Africa, to encourage economic growth and development as well as regional integration, and to help facilitate the integration of Sub-Saharan Africa into the global economy.
IS AGOA really encourage growth and development ? What does the Bilateral trade look like and who benefit from it ?
Role:
Problem Statement
According to the study made by IN FOCUS the congressional Research Service Journal, The total U. S. AGOA import were $4.7 billion in 2020, down 51% from $8.4 billion in 2019. The main reason for that according to the article is that energy product imports like Crude oil was rejected by the US .
Executive Summary
African Growth and Opportunity Act (AGOA)
The African Growth and Opportunity Act (AGOA) provides duty-free treatment to goods of designated sub-Saharan African countries (SSAs). The program dates from 2000 and has the goal of promoting economic growth through good governance and free markets. It covers non-textile as well as textile goods and was most recently re-authorized through September 30, 2025.
Data Dictionary
