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US says AGOA upped trade with sub-Saharan Africa in 2003.

Asia Africa Intelligence Wire

| January 24, 2005 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Panafrican News Agency (PANA) Daily Newswire)

Johannesburg, South Africa (PANA) - The United States has attributed increased trade in 2003 with sub-Saharan to benefits offered under the African Growth and Opportunity Act (AGOA).

According to a report by the US International Trade Commission (ITC), "U.S. Trade and Investment with Sub-Saharan Africa," imports from sub-Saharan African countries eligible for AGOA benefits increased 36.3 percent to $14 billion in 2003.

A statement released Monday by the American embassy in Pretoria quoting the ITC report said the largest share came from Nigeria, reflecting the rise in AGOA imports from US purchases …

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