The Africa Growth and Opportunity Act and its Rules of Origin: Generosity Undermined?
September 1, 2002
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Summary
This paper describes the United States recently enacted Africa Growth and Opportunity Act (AGOA) and assesses its quantitative impact on African exports. The AGOA expands the scope of preferential access of Africa's exports to the United States in key areas such as clothing. However, its medium term benefits estimated at about US$100-$140 million, an 8 11 percent addition to current non-oil exports would have been nearly five times greater (US$540 million) if no restrictive conditions had been imposed on the terms of market access. The most important of these conditions are the rules of origin with which African exporters of clothing must comply to benefit from duty-free access.
Subject: Agricultural commodities, Commodities, Exports, Imports, International trade, Revenue administration, Tariffs, Taxes, Valuation, origin and classification
Keywords: Africa, AGOA, Agricultural commodities, apparel article, apparel export, apparel product, apparel sector, clothing, export, export quota, Exports, fabric, Imports, market access, origin and classification, preference, Sub-Saharan Africa, supply curve, Tariffs, trade, Valuation, wearing apparel, WP
Pages:
36
Volume:
2002
DOI:
Issue:
158
Series:
Working Paper No. 2002/158
Stock No:
WPIEA1582002
ISBN:
9781451857597
ISSN:
1018-5941
