Visit tralac
  You are here: Home  > AGOA in the News > Archive of AGOA News Articles
 Trade Profiles
 Angola
 Benin
 BNLS Region
 Botswana
 Burkina Faso
 Burundi
 Cameroon
 Cape Verde
 CEMAC Region
 Chad
 COMESA Region
 Comores
 Congo
 Dem. Rep of Congo
 Djibouti
 ECOWAS Region
 Ethiopia
 Gabon
 Gambia
 Ghana
 Guinea
 Guinea Bissau
 Kenya
 Lesotho
 Liberia
 Madagascar
 Malawi
 Mali
 Mauritania
 Mauritius
 Mozambique
 Namibia
 Niger
 Nigeria
 Rwanda
 SACU Region
 SADC Region
 Sao Tome
 Senegal
 Seychelles
 Sierra Leone
 South Africa
 South Sudan
 Swaziland
 Tanzania
 Togo
 Uganda
 Zambia
AGOA News

Senator Coburn vows to block unanimous consent vote on bill to assist African economies

Sens. Tom Coburn (R-Okla.) and Max Baucus (D-Mont.) argued on the floor Thursday about how to pay for a bill to assistant African economies.

The African Growth and Opportunity Act (AGOA) provides aid to economies of sub-Saharan Africa and trade incentives.

Coburn has a problem with the fact that the $200 million bill is paid for over 10 years rather than this year and said he would block unanimous consent passage until he gets his way.

“It’s kicking the can down the road,” Coburn said. “I’m for the AGOA package, but I want to pay for it … we need to pay for what we’re doing now and that’s the whole point of this exercise.”

Coburn said he won’t let any unanimous consent agreement on the bill if it has a “pay-go” measure that doesn’t pay for the bill the same year it takes effect.

“If we’re not going to pay for it this year then we’re not going to pass it by unanimous consent,” Coburn said. “To say we can’t pay for something that’s $200 million right now, it just says we’re not worthy of being here.”

Baucus said Coburn should no stop the bill since the House supports it and people are losing jobs as a result of the stalling.

If Congress doesn't act before leaving for recess, lesser-developed sub-Saharan countries will lose duty-free access for their apparel goods that are manufactured domestically with yarn and fabric imported from abroad. Also import restrictions on Burmese goods expired Thursday.

“This is not a perfect world, this is a world where we try to do our best and get this legislation past,” Baucus said. “This bill is fully paid for, it’s just the senator would like it paid for in a different way.”

Coburn disagreed that the bill is paid for.

“If you went to Wendy’s today and said give me a double cheese burger and I’ll pay for it over 10 years, most Americans would not say that is paid for,” Coburn said.

A democratic aide said Coburn had voted for "pay goes" and has not objected to other measures with that funding mechinism in the past. But Coburn said lawmakers shouldn't vote for things now because they were considered "business as usual."

The bill also would modify the rules of origin for apparel and textile goods under the Dominican Republic and Central America Free Trade Agreement.

Later Thursday Senate Minority Leader Mitch McConnell (R-Ky.) tried to pass just the Burma sanctions that expired Thursday.

Coburn wasn’t threatening to block that part of the trade package. But Baucus objected to that as well.

“The Obama administration is opposed to splitting the package,” Baucus said. “And I think for good reason because they favor both Burma and AGOA.”

McConnell accused Baucus and Democrats of making the Burmese sanctions a partisan issue for the very first time.

“I don’t want the impression left here today that this is a partisan issue,” Baucus said in his defense. “Both issues are wholly bipartisan.”

Baucus suggested that Coburn work with him to find an agreement before the August recess.

  Printer-friendly version
  View all news items
Date: 2012-07-27 | Source: The Hill (Blog)
AGOA News
News Search:

  South Africa: Obama visit to highlight SA, US ties
South Africa's growing importance in regional and international affairs as well as its relations with the..... more


  US official stresses importance of doing business in Nigeria, others
The United States government yesterday stressed the need and importance for foreign investors in the..... more


  Zambia, America relations requires further growth in prosperity and investment trade
United States of America ambassador to Zambia Mark Storella has described his country and Zambia's..... more


  New AGOA Forum dates announced
Following is the text of a joint statement issued June 11 by the United States of America and the..... more


  Uganda: Call to ban second-hand clothing imports to grow local industry
In 2003, the government proposed a ban on mivumba (imported second hand clothes). The aim was to create..... more


  Obama's upcoming visit to deepen Africa ties
The United States Embassy in Tanzania has described President Barack Obama's visit to the country, as aimed..... more


  Japan’s proposed AGOA-like agreement would open door for African countries
The Japanese government intends to establish an African Growth and Opportunities Act (AGOA)-like trade..... more


  “The US is optimistic about Africa’s future” Dr. Reuben Brigety: US Bureau of African Affairs
United States of America’s Deputy Assistant Secretary Bureau of African Affairs Dr. Reuben Brigety11 has..... more


  A two-day AGOA mid-term review ahead of forum on the way
Ambassadors of African Growth and Opportunity Act (AGOA) Eligible member states in the United States of..... more


  South Africa: Turning waste into wealth
Trillions of tons of gas, a by-product of the US shale oil industry, is burnt because low prices make..... more


  Blog article: US unwisely ignores Sub-Saharan Africa
African leaders are skeptical about President Obama’s engagement of sub-Saharan Africa, in part, because he..... more

View all news items



Latest Updates



21 AGOA FORUM 2013:
Ethiopia
will host the 2013 US-Africa AGOA Forum. AGOA.info has been informed that the Forum will not take place as envisaged on 28 June - 1 July, but at a later date. According to information available to AGOA.info, these dates will be 12-13 August 2013. The theme for this year’s Forum is “Trade and Technology for sustained change”“


21 December 2012: Guinea-Bissau and Mali
lose AGOA eligibility



APRIL 2013:
Monthly data has been updated to include February 2013 data, quarterly includes full year 2012 data.


New US strategy towards Africa
: White House Factsheet on new strategy towards Africa, plus overview of past US engagement with Africa. Click here for the file and this link for a summary article.


02 August 2012: Bill to extend third country fabric provision passes Congress
Download the House of Reps. Bill at this link


South Sudan
declared AGOA-eligible on 26 March 2012. Earlier, Cote d'Ivoire, Niger and Gambia
declared AGOA eligible on 25 October 2011. See news item, presidential declaration and trade overview at this link (S Sudan) and here (others).


US GSP extended
and GSP benefits to be applied retrospectively for the year 2011 since expiry of previous GSP. See AGOA.info legal documents section at the following link.


AGOA at 10: Reflections on US-Africa trade with a focus on SACU
: Tralac Working Paper that can be downloaded at this link.


December 2010:
The Democratic Republic of Congo loses its AGOA eligibility status. See proclamation here (pdf download available at this link


ITC investigation of textiles and apparel:
Further details at this link



AGOA IV
– Changes to AGOA explained



For disaggregated trade data
covering each AGOA country, follow the relevant link in the Country Sections (left column) or click here.

For detailed AGOA maps click here


 

Terms and Conditions
setup and design by synch.cc