Author (Corporate) | European Commission |
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Series Title | COM |
Series Details | (2015) 464 final (22.9.15) |
Publication Date | 22/09/2015 |
Content Type | Policy-making |
The objective of this proposal is to establish the position to be taken by the European Union within the General Council of the World Trade Organization (WTO) on the United States' request for a renewal of its WTO waiver and thus allow the European Union to support this waiver request. The granting of the US request for a renewal of the WTO waiver would allow the US to continue providing duty-free treatment to eligible products originating in beneficiary sub-Saharan African countries designated pursuant to the African Growth and Opportunity Act (AGOA) up to 30 September 2025. AGOA's objective is to alleviate poverty and promote stability and sustainable economic development in sub-Saharan Africa by fostering increased trade and investment between the US and the beneficiary countries. AGOA is also intended to encourage regional economic integration and help beneficiary countries participate more fully in the global economy. |
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Source Link | Link to Main Source http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM:2015:464:FIN |
Related Links |
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Subject Categories | Trade |
Countries / Regions | Europe, United States |