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The AGOA Forum 2019 Kicks off with a new theme for future Trade Paradigm

The Minister of Trade and Industry, Ms. Soraya Hakuziyaremye attended the AGOA 2019 Forum (August 4-6) which discussed among other items, developing a New Trade Paradigm to Guide U.S.-Africa Trade and Investment. On the sidelines of the forum, Minister Soraya met with the US Congressional Delegation to discuss the future trade initiatives for the organization.

The Forum brought together senior government officials from the United States and the 39 AGOA-eligible sub-Saharan African countries to discuss ways to boost economic cooperation and trade between the United States and Africa.  Regional Economic Communities, the private sector, and civil society will also participate.

The theme of this year’s Forum is “AGOA and the Future: Developing a New Trade Paradigm to Guide U.S.-Africa Trade and Investment.”  The 2019 Forum explored new tools that both the U.S. and African governments have developed over the past year and how to use them most effectively.  It will also highlight the important role played by women, youth, civil society, and the private sector in promoting trade, expanding economic growth, and generating prosperity.

Representatives from the private sector, civil society, the U.S.-sponsored African Women’s Entrepreneurship Program (AWEP), and the Young African Leaders Initiative (YALI) have organized AGOA Private Sector and Civil Society Forums for August 4.  The AGOA Forum Ministerial will follow August 5-6, bringing together senior government officials from the United States and the current 39 African beneficiary countries.  A trade exhibition has run throughout the official program.

The African Growth and Opportunity Act, which enhances access to the U.S. market for most products of qualifying sub-Saharan African countries, has been the cornerstone of the U.S. government’s trade policy with sub-Saharan Africa since 2000.  The law mandates that each year a special Forum be convened to discuss issues related to the implementation of the law and issues of economic cooperation and trade in general.

The United States and Côte d’Ivoire co-hosted the African Growth and Opportunity Act (AGOA) Forum in Abidjan, Côte d’Ivoire from August 4-6th.

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