Ethiopian delegation is taking part at the 2019 African Growth and Opportunity Act (AGOA) Forum kicked off in Abidjan, Côte d’Ivoire yesterday.
The Forum attracted senior government officials from the US and the 39 AGOA-eligible sub-Saharan African countries to discuss ways to boost economic cooperation and trade between the US and Africa.
Regional Economic Communities, the private sector, and civil society are also participants of the Forum being held under the theme “AGOA and the Future: Developing a New Trade Paradigm to Guide U.S.-Africa Trade and Investment.”
The 2019 Forum will explore new tools that both the U.S. and African governments have developed over the past year and how to use them most effectively.
It will also highlight the important role played by women, youth, civil society, and the private sector in promoting trade, expanding economic growth, and generating prosperity.
AGOA, which enhances access to the U.S. market for most products of qualifying sub-Saharan African countries, has been the cornerstone of the U.S. government’s trade policy with sub-Saharan Africa since 2000.
The law mandates that each year a special Forum be convened to discuss issues related to the implementation of the law and issues of economic cooperation and trade in general. The Forum location alternates between the US and Africa.
Previous AGOA Forum hosts include Ethiopia, Mauritius, Ghana, Senegal, Kenya, Zambia, Gabon, and Togo.