
AGOA passed as part of The Trade and Development Act of 2000 provides beneficiary countries in Sub-Saharan Africa with the most liberal access to the U.S. market available to any country or region with which we do not have a Free Trade Agreement.
It reinforces African reform efforts, provides improved access to U.S. credit and technical expertise, and establishes a high-level dialogue on trade and investment in the form of a U.S.-Sub-Saharan Africa Trade and Economic Forum.
AGOA provides duty-free and quota-free treatment for eligible apparel articles made in qualifying Sub-Saharan African countries through 2015.
Qualifying articles include: apparel made of U.S. yarns and fabrics; apparel made of Sub-Saharan African (regional) yarns and fabrics, subject to a cap; apparel made in a designated lesser-developed country of third-country yarns and fabrics, subject to a cap; apparel made of yarns and fabrics not produced in commercial quantities in the United States; certain cashmere and merino wool sweaters; and eligible handloomed, handmade, or folklore articles; and ethnic fabrics.
|
|
|