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Understanding AGOA and Where the Opportunities Are

Trade an Investment with the AGOA Countries in Africa Conference. Understanding AGOA and Where the Opportunities Are. Michael J. Blakeley Nathan Associates Inc. Understanding AGOA. Basic principles: Preferential trade arrangement

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Understanding AGOA and Where the Opportunities Are

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  1. Trade an Investment with the AGOA Countries in Africa Conference Understanding AGOA and Where the Opportunities Are Michael J. Blakeley Nathan Associates Inc.

  2. Understanding AGOA • Basic principles: • Preferential trade arrangement • Duty-free access for products made in qualifying countries/ GSP+ • Sub-Saharan African countries which must be evaluated against rigorous criteria • Products must meet ROO requirements* • Development tool

  3. Review of Trade Arrangements

  4. Performance review: AGOA/GSP

  5. What Opportunity does AGOA Provide? • Manufacturing in Africa becomes more attractive due to duty benefits; • Sourcing finished products also attractive; • Selling to firms producing for the US; • More U.S. government support available for investment or exports.

  6. Best Sourcing Opportunities • Apparel • Footwear • Vehicles • Fruits and nuts • Prepared vegetables • Leather products • Cut flowers • Prepared seafood

  7. Success Stories • U.S. Side: • Food Emporium New York • Apparel companies/GAP • Africa Side: • Malian handicrafts/Hallmark • Botswana furniture maker

  8. Ranking Business Opportunities • Manufacturing for U.S. Market • Competitive Import Sourcing • Export to Manufacturers Serving U.S. • Investment

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