Event: Zambia to host 10th us AGOA forum.


The African Growth and Opportunity Act (AGOA), the US law that allows tariff-free entry into the American market for up to 6,500 products from 39 sub-Saharan African countries, is to hold its 10th Forum next month [June] in Lusaka, Zambia. More than 2,000 delegates from the US and African countries are expected to attend the forum, the fifth to be held in Africa. The forum brings together African business people, government leaders and civil society groups and their US counterparts for consultations on trade, investment and the enhancement of free markets.

The focus is always on further measures the US and sub-Saharan African nations can jointly take to stimulate economic growth and trade, enhance democracy and good governance and combat HIV/ Aids, Malaria and TB.

Zambia is keen to showcase its investment, tourism and trade potential to US businesses that will be represented. AGOA was enacted at the turn of the millennium by President Bill Clinton's administration, and is touted as the centre piece of US efforts to stimulate trade with sub-Saharan Africa. However, it is not without its critics, who describe the performance of most eligible African countries as ranging from indifferent to erratic - although oil-exporting countries such as Nigeria, Gabon and Angola have done...

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