AGOA 2023: Africa’s Path to Resilient Growth and Global Partnership
Background: Since its inception in 2000, the African Growth and Opportunity Act (AGOA) has been a pivotal force in driving economic growth and collaboration between the United States and sub-Saharan Africa. Now, as we enter the 20th AGOA Forum, the stage is set for Africa to redefine its strategies and maximize the full potential of AGOA.
Joint Statement: United States Trade Representative Katherine Tai and South African Minister of Trade, Industry, and Competition Ebrahim Patel proudly announce the 20th AGOA Forum, hosted by the Government of South Africa. This milestone event will take place in Johannesburg from November 2-4, 2023.
Unprecedented Gathering: The AGOA Forum will unite the United States, AGOA-eligible nations, key regional economic organizations, the private sector, civil society, and labor. It’s a unique platform for collaborative discussions on strengthening trade and investment ties, promoting resilient and sustainable economic growth, and fostering inclusive development.
Made in Africa Showcase: Be part of the ‘Made in Africa Exhibition’ that will spotlight regional value chains and the diverse offerings of the continent. Explore opportunities, forge partnerships, and witness Africa’s vibrant trade potential.
A Vision for Africa: Ambassador Katherine Tai emphasizes that the AGOA Forum is a chance to build on past successes and reinforce economic partnerships. It’s an opportunity to make AGOA even more transformative as the United States deepens its relations with sub-Saharan African countries. As President Biden aptly put it, “The future is Africa.”
A Message from Minister Ebrahim Patel: Minister Patel extends a warm welcome to a senior U.S. delegation and representatives from sub-Saharan African nations. AGOA has been instrumental in promoting African exports to the United States. With the prospect of AGOA’s extension beyond 2025, it’s a call for increased investment in Africa and mutual benefits for both African nations and the United States.
Supporting African Growth: AGOA complements efforts to boost growth through the African Continental Free Trade Area (AfCFTA), covering 54 countries and 1.4 billion people. It’s a collective step towards prosperity, development, and a brighter future for the continent.
Join Us: As Uganda participates in this significant event, we invite you to be part of this transformative journey. AGOA 2023 is not just a forum; it’s a path to resilient growth, global partnership, and a promising future for Africa.
