subsaharan africa trade with us up over 250 since 2001
Last Updated : GMT 04:22:55
Arab Today, arab today
Arab Today, arab today

Sub-Saharan Africa trade with US up over 250% since 2001

Arab Today, arab today

Arab Today, arab today Sub-Saharan Africa trade with US up over 250% since 2001

Cape Town - XINHUA

Sub-Saharan Africa\'s total trade with the United States has grown by more than 250 percent from 28.2 billion U. S. dollars recorded in 2001, according to statistics released by the South African government on Monday. Meanwhile, sub-Saharan Africa\'s exports to the U. S. as a result of the Africa Growth and Opportunity Act (AGOA) increased from 8. 15 billion dollars in 2001 to 34.9 billion dollars in 2012, representing an increase of 328 percent, the South African government said on its website. This sharp rise could be attributed to the trade partnership between the two sides, the government said. AGOA was signed into law by then U. S. president Bill Clinton on May 18, 2000, for a period of eight years and President George Bush later extended the program to September 2015. \"AGOA is the only legal framework between sub-Saharan Africa and the Unites States, and it has generated enormous goodwill between African countries and the Unites States of America,\" South Africa Trade and Industry Minister Rob Davies said. \"For South Africa, it has underpinned exports of diversified and value added products to the U. S. markets. Further, the U. S. investment through Power Africa could help to support infrastructure development in Africa,\" he said. Davies has just returned from a visit to the United States to exchange views on the future of AGOA beyond 2015. AGOA is a unilateral trade preference program to provide African countries with trade preferences, which in turn makes it easier for African countries to export their products to the United States. Also on Monday, the African Union Commission chair, Nkosazana Dlamini Zuma, called on the U. S. to extend the AGOA. A spokesperson for the Africa Union Commission said Dlamini- Zuma\' s call was already receiving support, with Democratic Senator Christopher Coons, who is also the chairperson of the Senate Sub-Committee on African Affairs, saying, \"Support for Africa is one of few areas of consensus between Democrats and Republicans.\" Enditem

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

subsaharan africa trade with us up over 250 since 2001 subsaharan africa trade with us up over 250 since 2001

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

subsaharan africa trade with us up over 250 since 2001 subsaharan africa trade with us up over 250 since 2001

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Prince's vision spurs new Cornwall village

GMT 03:12 2017 Saturday ,18 November

Prince's vision spurs new Cornwall village
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Israel ready to cooperate with Saudi

GMT 06:31 2017 Friday ,17 November

Israel ready to cooperate with Saudi
Arab Today, arab today Airbnb raided by Japan

GMT 01:55 2017 Saturday ,18 November

Airbnb raided by Japan
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Baidu speeds up AI progress

GMT 11:46 2017 Friday ,17 November

Baidu speeds up AI progress
Arab Today, arab today Hanan Metawe denies apology for “Major Treason”

GMT 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 08:06 2017 Wednesday ,15 November

Ayten Amer happy for “The Flood” success

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 06:13 2017 Friday ,17 November

Pope denounces healthcare inequality

GMT 05:18 2017 Thursday ,16 November

Boeing announces $27bn from flydubai

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday