Washington - United States President George Bush has dropped Ivory Coast from the list of nations eligible for tariff preferences under the African Growth and Opportunity Act (AGOA), the White House said on Wednesday.
As required by US law, Bush made an annual review of eligibility under Agoa, finding 36 countries eligible and declaring Burkina Faso deserving of economic and trade help under the legislation, said spokesperson Scott McClellan.
They are: Angola, Benin, Botswana, Cameroon, Cape Verde, Chad, Republic of the Congo, Democratic Republic of the Congo, Djibouti, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea-Bissau, Kenya, Lesotho, Madagascar, Malawi, Mali, Mauritania, Mauritius, Mozambique, Namibia, Niger, Nigeria, Rwanda, Sao Tome and Principe, Senegal, Seychelles, Sierra Leone, South Africa, Swaziland, Tanzania, Uganda, and Zambia.
As required by legislation, this annual determination allows for the provision of certain benefits to those countries that are making continued progress toward a market-based economy, the rule of law, free trade, economic policies that will reduce poverty, and protection of workers' rights. By providing these countries greater access to American markets, AGOA can continue to spur development by fostering new trade and economic opportunities and promoting shared values and shared responsibilities.
SOURCE White House Press Office
CO: White House Press Office