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The African Growth and Opportunity Act (AGOA) was signed into law on May 18, 2000 as Title 1 of The Trade and Development Act of 2000. The Act offers tangible incentives for African countries to continue their efforts to open their economies and build free markets.
The G-8 Muskoka Summit: A Historic Commitment to Accountability:
(June 25, 2010): Trade and Investment: To further the integration of developing countries into the global economy, the G-8 committed to enhance market access and provide significant trade-related technical assistance and capacity building. Through the African Growth and Opportunity Act (AGOA), over 97% of U.S. imports from the 38 AGOA-eligible African countries entered the United States duty-free in 2008. Thanks in part to AGOA, U.S. imports from sub-Saharan Africa increased from $21.3 billion in 2001 to $86.1 billion in 2008.
The 2011 AGOA Forum: “New Strategies for a Changing World” (June 8-10: Lusaka, Zambia)