2002 U.S. Code
Title 19 - CUSTOMS DUTIES
CHAPTER 23 - EXTENSION OF CERTAIN TRADE BENEFITS TO SUB-SAHARAN AFRICA
SUBCHAPTER I - TRADE POLICY FOR SUB-SAHARAN AFRICA
Sec. 3701 - Findings

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§3701. Findings

Congress finds that—

(1) it is in the mutual interest of the United States and the countries of sub-Saharan Africa to promote stable and sustainable economic growth and development in sub-Saharan Africa;

(2) the 48 countries of sub-Saharan Africa form a region richly endowed with both natural and human resources;

(3) sub-Saharan Africa represents a region of enormous economic potential and of enduring political significance to the United States;

(4) the region has experienced the strengthening of democracy as countries in sub-Saharan Africa have taken steps to encourage broader participation in the political process;

(5) certain countries in sub-Saharan Africa have increased their economic growth rates, taken significant steps towards liberalizing their economies, and made progress toward regional economic integration that can have positive benefits for the region;

(6) despite those gains, the per capita income in sub-Saharan Africa averages approximately 0 annually;

(7) trade and investment, as the American experience has shown, can represent powerful tools both for economic development and for encouraging broader participation in a political process in which political freedom can flourish;

(8) increased trade and investment flows have the greatest impact in an economic environment in which trading partners eliminate barriers to trade and capital flows and encourage the development of a vibrant private sector that offers individual African citizens the freedom to expand their economic opportunities and provide for their families;

(9) offering the countries of sub-Saharan Africa enhanced trade preferences will encourage both higher levels of trade and direct investment in support of the positive economic and political developments under way throughout the region; and

(10) encouraging the reciprocal reduction of trade and investment barriers in Africa will enhance the benefits of trade and investment for the region as well as enhance commercial and political ties between the United States and sub-Saharan Africa.

(Pub. L. 106–200, title I, §102, May 18, 2000, 114 Stat. 252.)

Short Title

Pub. L. 106–200, §1(a), May 18, 2000, 114 Stat. 251, provided that: “This Act [see Tables for classification] may be cited as the ‘Trade and Development Act of 2000’.”

Pub. L. 106–200, title I, §101, May 18, 2000, 114 Stat. 252, provided that: “This title [enacting this chapter and sections 2466a and 2466b of this title and amending section 2463 of this title and sections 2193 and 2293 of Title 22, Foreign Relations and Intercourse] may be cited as the ‘African Growth and Opportunity Act’.”