SUPPORT
FOR EXTENSION OF AUTHORIZATION OF THE AFRICAN GROWTH AND OPPORTUNITY ACT (AGOA)
AND FOR THE U.S.-SOUTHERN AFRICAN CUSTOMS UNION (SACU) FREE TRADE AGREEMENT
WHEREAS,
in the past year, the implementation of the African Growth and Opportunity Act
(AGOA) has continued to strengthen the United States’ trade and economic
relationship with the countries of Sub-Saharan Africa; and
WHEREAS,
the African Growth and Opportunity Act is a cornerstone of the effort by the
Administration to promote free markets, expand U.S.-African trade and
investment, stimulate economic growth, and facilitate sub-Saharan Africa’s
integration into the global economy; and
WHEREAS,
the African Growth and Opportunity Act continues to foster new trading
opportunities and investment, create new jobs, and promote economic development,
while both supporting the efforts of sub-Saharan African nations undertaking
difficult economic, political, and social reforms and providing incentives for
countries considering such reforms; and
WHEREAS, the implementation of the African Growth and
Opportunity Act continues to help sub-Saharan Africa address the challenges of
debt relief, poverty reduction, infrastructure development, and HIV/AIDS and
other infectious diseases; and
WHEREAS,
to further these goals and encourage long-term development in the region, the
U.S. has embarked on negotiations for a free trade agreement (FTA) with the
Southern African Customs Union (SACU) to spur U.S. economic growth and job
creation as well as to improve living standards, eradicate poverty, and
encourage economic development, the rule of law, and transparency in
sub-Saharan African countries; and
WHEREAS,
the U.S. Conference of Mayors has long supported trade agreements with
countries around the world in order to further such economic growth and
development goals and to benefit the dynamic economies of U.S. cities,
NOW,
THEREFORE, BE IT RESOLVED that the U.S. Conference of Mayors urges Congress
to extend AGOA’s authorization and its special third-country fabric provision,
which includes enhancement of AGOA-related technical assistance, and
BE
IT FURTHER RESOLVED that the U. S. Conference of Mayors supports U.S.
efforts to conclude a strong U.S.-SACU Free Trade Agreement, which has the
potential to bolster U.S.-sub-Saharan trade and investment relations while
strengthening the economy of sub-Saharan African nations.
©2004 U.S. Conference of Mayors