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Agoa Agreement With Us

Section 125 (c) of P.L. 106-200 (AGOA) also called on the International Trade Administration (ITA) to develop an initiative to identify (1) the best export prospects in the region; (2) identify tariff and non-tariff barriers to U.S. exports to Africa; and (3) to engage with African states to increase market access for these goods and services. These activities are partly carried out by the ITA Market Access and Compliance Unit (MAC). ITA also manages AGOA`s website on www.agoa.gov. The United States trades a small portion of its trade with the SSA countries. In 2011, the United States imported US$74 billion from SSA countries, or about 3.4% of total U.S. imports of $2.2 billion. The United States exported $20.3 billion to the region in 2011, or 1.5% of total U.S. exports of $1.3 trillion. Nevertheless, between 2009 and 2011, total trade (exports and imports) between the United States and sub-Saharan Africa increased by 51%, from $62.4 billion in 2009 to $94.3 billion in 2011 (see Table 4). Some external factors, including rising oil prices and other natural resource prices, may also be partly responsible for the dramatic (value) growth in U.S. SSA trade.

CITA is an inter-institutional group chaired by the Ministry of Commerce, responsible for textile trade policy issues and overseeing the implementation of all textile trade agreements. CITA was founded on 3 March 1972 with Executive Order 11651 (44 Bundesregister 4699). AGOA from a comparative perspective: The European Union`s trade framework with African gemstones and metals was another major U.S. importer of SSA in 2011.29 South Africa introduced this category (imports containing platinum, diamonds, other semi-precious stones and coins) with about 4.2 billion U.S. imports; Followed by Botswana, Angola and Namibia – all diamond producers – with about $275 million, $169 million and $100 million (see Table 5 and Chart 4).30 A significant share of trade with sub-Saharan Africa is with a small number of countries. In 2011, about 79% of U.S. imports from the region came from three SSA countries: Nigeria (47%), Angola (19%) South Africa (13%). Exports were similarly concentrated, with three countries receiving 68%: South Africa (34%), Nigeria (22%) Angola (12%).

All other countries accounted for less than 6% of U.S. imports from the region (see Chart 3). Approximately 5,240 rate positions are eligible for AGOA benefits. To qualify for AGOA, a Gutwartin must be either fully extracted (cultivated, caught, extracted, etc.) or produced sufficiently in an AGOA country. Adequate production means that all materials in the 3rd country have undergone substantial processing and that at least 35% of the value of the products are added in the recipient country, up to 15% of this value being due to U.S. inputs. In addition, the property must be “imported directly.”

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Datum: Thursday, 8. April 2021 3:30
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