• Aucun résultat trouvé

Africa makes a strong-case for continued preferential trade with the US

N/A
N/A
Protected

Academic year: 2022

Partager "Africa makes a strong-case for continued preferential trade with the US"

Copied!
2
0
0

Texte intégral

(1)

Addis Ababa, 09 August 2013 (ECA) – Trade relations between the USA and African countries benefiting from the Africa Growth and Opportunity Act (AGOA) come under serious scrutiny at the 12th AGOA Forum that has started in the Ethiopian capital today, to run till Tuesday 13 August. This year’s edition of the annual Forum focuses on Africa’s sustainable transformation through trade and technology and will mark a milestone in the Africa-US trade deal initiated in the year 2000 to be terminated on 30 September 2015.

The Forum will review a scenarios report which presents the various scenarios on the future of US-Africa trade relations, with or without AGOA, prepared by the Economic Commission for Africa (ECA), in collaboration with the Africa Growth Initiative at Brookings Institution. It categorically concludes that African countries stand to lose hugely should the US abandon the AGOA arrangements in favour of its previous trade regime with African countries known as the Generalized System of Preferences (GSP) or should it replace AGOA with an ACP-EU type Economic Partnership Agreement (EPA). While a move in the direction of an EPA could result in large losses in tariff revenue for African countries, an exclusion of middle-income countries that are currently eligible for AGOA or adding other non-African least-developed countries (LDCs) that are currently not AGOA-eligible would result in considerable trade losses and

increased competition for Africa, the scenarios report adds.

Besides the case for a continuation of AGOA beyond 2015, African Ministers of trade and experts

accompanying them to the Forum will examine, with their American counterparts, a range of other issues that speak to Africa’s economic transformation. Among these are: Inclusive Economic Growth and

Sustainable Development Strategies for Africa, the Role of African Women Entrepreneurs for Sustainable Transformation in Trade, Trade Opportunities and Financing for Africa’s Sustainable Energy

Development, Creating an Enabling Environment for Scaling up Innovative Agriculture Technologies in Africa, Entrepreneurship and Innovation in Africa’s ICT Sector and Africa’s Regional Integration through Trade Facilitation. In fact, the Scenarios report prepared for the Forum by ECA and Africa Growth Initiative at Brookings Institution underline the need for deepened regional integration in Africa as a means to maximize the continent’s trade gains and mitigating potential losses from competing external trade agreements similar to AGOA.

1 of 2 2/14/2014 12:55 PM

(2)

Issued by:

ECA External Communications and Media Relations Section PO Box 3001

Addis Ababa Ethiopia

Tel: +251 11 551 5826

E-mail: ecainfo@uneca.org [1]

www.uneca.org [2]

Source URL: http://www.uneca.org/media-centre/stories/africa-makes-strong-case-continued- preferential-trade-us

Links:

[1] http://www.uneca.org/contact/ecainfo/uneca/org [2] http://www.uneca.org

2 of 2 2/14/2014 12:55 PM

Références

Documents relatifs

♦ to improve information and data exchange in Africa by establishing a working, efficient and reliable electronic network in contact with other local, regional and

The presentations will focus on the follow-up and review processes related to the implementation of the 2030 Agenda and Agenda 2063 and progress in achieving the

Addis Ababa, 25 November 2014 (ECA) - The African Development Bank, the African Union Commission and the Economic Commission for Africa have joined forces to produce an Africa

In 1 979 ECA initiated the Pan African Development information System to build national and regional databases to support development planning in African governments and

Some regional economic communities have made significant progress in trade liberalization and facilitation (The West African Economic and Monetary Union, or UEMOA, and the Common

The launch and signature of the Agreement establishing the African Continental Free Trade Area by 44 countries during the African Union Summit in Kigali in March 2018

In view of the concerns already addressed in the World Population Plan of Action (WPPA) , the KPA and lately, in the Amsterdam Declaration coupled with the maj or

These economic communities in fact began to develop and institute schemes for the removal of customs barriers while completely forgetting that the member States, neither at a