President  |  Vice President  |  First Lady  |  Mrs. Cheney  |  News & Policies 
History & ToursKids  |  Your Government  |  Appointments  |  JobsContactGraphic version


Email Updates  |  Español  |  Accessibility  |  Search  |  Privacy Policy  |  Help

Printer-Friendly Version

For Immediate Release
July 10, 2003

Global Messenger

KEY POINTS

President Bush called upon Congress to extend the Africa Growth and Opportunity Act (AGOA). It is the cornerstone of the Administration's trade and investment policy toward sub-Saharan Africa and an extension beyond 2008 will give confidence to businesses to make long-term investments in Africa. AGOA:

Building on the success of AGOA, the President has proposed a free trade agreement with the five member countries of the Southern African Customs Union (SACU). The countries include:

The proposed free trade agreement is in keeping with AGOA. A free trade agreement with SACU countries will benefit U.S. businesses, workers and consumers by providing preferential access to our largest export market in sub-Saharan Africa. The United States exports to SACU countries were worth more than $3.1 billion in 2001. A free trade agreement will also help address longstanding regulatory barriers in the region and to level the playing field in areas where U.S. exporters were disadvantaged by the European Union's free trade agreement with South Africa. A free trade agreement would give SACU member countries guaranteed market access to the world's largest economy.


Printer-Friendly Version

In Focus Medicare Iraq National Security Economic Security Homeland Security More Issues En Español   |   News Current News Video Press Briefings Proclamations Executive Orders Radio Addresses      |   News by Date   |   July 2003   |   June 2003   |   May 2003   |   April 2003   |   March 2003   |   February 2003   |   January 2003   |   December 2002   |   November 2002   |   October 2002   |   September 2002   |   August 2002   |   July 2002   |   June 2002   |   May 2002   |   April 2002   |   March 2002   |   February 2002   |   January 2002   |   December 2001   |   November 2001   |   October 2001   |   September 2001   |   August 2001   |   July 2001   |   June 2001   |   May 2001   |   April 2001   |   March 2001   |   February 2001   |   January 2001   |   Appointments Nominations Application
Photos Photo Essays      |   Federal Facts   |   Federal Statistics      |   West Wing   |   History