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Africa to push for 15-year extension of AGOA scheme

US Trade Representative Michael Froman delivers remarks on the future of the African Growth and Opportunity Act (AGOA) August 5, 2013, at the Brookings Institute in Washington, DC. Signed into law in May 2000, AGOA offers African countries that open their economies and build free markets trade incentives with the United States. AFP

African leaders have agreed to push for a 15-year extension of the Africa Growth and Opportunity Act (AGOA), which waives duty on a long list of exports to the United States.

According to Kenya’s Foreign Affairs and International Trade Cabinet secretary Amina Mohammed, the decision was reached at an African Ministerial Council meeting in Washington to discuss a common position on the future of AGOA.

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