US reinstates DRC under African Growth and Opportunity Act (AGOA)
The Democratic Republic of Congo has been reinstated under the African Growth and Opportunity Act (AGOA). It follows a proclamation issued by US President Donald Trump Tuesday night.
The decision affirms President Tshisekedi’s efforts to reform and strengthen the DRC’s democratic institutions, protect human rights, and fight corruption.
Ambassador Mike Hammer noted that, “The return of DRC to AGOA is a significant achievement that is a clear manifestation of our Privileged Partnership for Peace and Prosperity.’’
The United States established the U.S.-DRC Privileged Partnership for Peace and Prosperity in 2019 to combat corruption, protect human rights, strengthen democratic institutions. The partnership seeks to confront potential pandemics, promote peace and security, build a stronger bilateral relationship, and deliver results for the U.S. and Congolese people. ”The reinstatement of AGOA eligibility is another landmark achievement showing the progress made toward our shared goals.”
Since its enactment in 2000, AGOA has been at the core of U.S. economic policy and commercial engagement with Africa. The Act provides eligible Sub-Saharan African countries with duty-free access to the U.S. market for over 1,800 products. That adds up to more than 5,000 products eligible for duty-free access under the Generalized System of Preferences program.
