Rwandan exporters hope to bargain for a fair deal at the African Growth Opportunity Act (AGOA) forum which opened on Monday in Libreville, Gabon, even when challenges to the export sector remain.
An economic window of opportunity that was enacted way back in 2000, AGOA is a key trade framework between the US and Africa under which at least 98 per cent of all imports from eligible African countries enter the US market duty-free.
The ongoing three-day summit comes after US President Barack Obama extended the AGOA deal for up to 10 more years, a chance that Rwanda seeks to grab to widen its export base. Read more. Source | Newtimes