pdf AGOA Country Strategy Mozambique

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AGOA Country Strategy Mozambique.pdf

AGOA Country Strategy Mozambique
Exports are a crucial factor for economic development of most countries as they constitute a source of employment and income. The Five-year Plan of the Mozambican Government for 2015 to 2019, established as one of its strategic objectives, the promotion of industrialization to increase exports and modernize the economy.
 
The Generalized System of Preferences and other unilateral preferential commerce initiatives, conceded by developed countries, are to developing economies a platform for access to markets and increase and diversification of exports.
 
ln this context, one of the vehicles for strengthening and increasing Mozambican exports is centralized in the Africa Growth and Opportunity Act (AGOA), an American commercial law that allows zero tariff access and quota free exports to the North American market, for most of the goods produced in eligible Sub-Saharan African countries. AGOA came into effect in the year 2000, and was recently extended until the year 2025 through the AGOA Extension and Enhancement Act (AEEA).
 
Mozambique recognizes that to better capitalize on the opportunities offered through the AGOA, it is necessary to use planning instruments and tools. The Africa Growth and Opportunity Act Utilization Strategy is a tool that can be used by Mozambique to encourage the private sector to export its products to the United States market.

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