AGOA legislation was first enacted in October 2000 and has been a key element of U.S. economic policy in, and engagement with, sub-Saharan Africa. The legislation significantly enhanced market access to the United States for qualifying Sub-Saharan African (SSA) countries.
Countries eligible to benefit from the AGOA trade preference must have established or make continual progress toward establishing, inter alia, a market-based economy, the rule of law, economic policies that reduce poverty, a system to combat corruption, protection of internationally recognized worker rights, and the elimination of barriers to United States trade and investment. . AGOA countries must also not engage in gross violations of internationally recognized human rights.
In June 2015, AGOA was extended for an additional ten years under the Trade Preferences Extension Act of 2015 (TPEA). Read more