Last year, the African Growth and Opportunity Act (AGOA)—originally signed into law by President Clinton in 2000—was extended to 2025. Last week, the 15th annual AGOA forum was held in Washington, D.C. with the aim of bringing together U.S. government representatives, civil society organizations, academics, and business leaders, in the aim to discuss the best ways to maximize the utilization of the legislation, which now has only nine years left.
AGOA represents the cornerstone of U.S. free trade policy with Africa, providing African countries with easier access to the U.S. market. The law has seen some success: Since the bill was signed in 2000, exports to Africa have increased by over 200 percent. Read more. Source | Brookings