“AGOA at 15: Charting a Course for a Sustainable U.S.-Africa Trade and Investment Partnership,” took place in Libreville, Gabon, from August 24-27, 2015. The forum provided an opportunity to celebrate the recent renewal of AGOA, take stock of AGOA’s successes over the last fifteen years, and launch a dialogue on the shared vision for the future of U.S.-Africa trade.
AGOA, the centerpiece of the United States government's trade policy with sub-Saharan Africa, was extended by 10 years on June 29, 2015.
In his address, U.S. Trade Representative Ambassador Michael Froman noted, “Ten years ago, many thought sub-Saharan Africa would become less important to the global economy. Today, sub-Saharan Africa is among the fastest-growing regions in the world. History shows that it’s a mistake to bet against Africa, and the progress we’ve made together through AGOA encourages us to aim even higher.”
USAID’s Southern Africa Trade Hub attended the AGOA Forum and made a presentation during the Doing Business Under AGOA portion of the Civil Society and African Women Entrepreneurs Program (AWEP) session. Bilateral meetings with other participants from Southern Africa (Botswana, Lesotho, Malawi, South Africa, and Zambia) were held as well as with institutions engaged with AGOA-related initiatives: the African Development Bank (AfDB) and the UN Economic Commission for Africa (UNECA). Discussions centered on the trade requirements under AGOA reauthorization and the need for beneficiary countries to each have an AGOA Utilization Strategy filed with the US Trade Representative (USTR).
Photo: US Trade Representative Ambassador Michael Froman addresses the AGOA Forum.