LEGAL FRAMEWORK ON INTERNATIONAL TRADE IN TANZANIA VIS-A-VIS RIGHTS AND OBLIGATIONS UNDER THE AFRICAN GROWTH AND OPPORTUNITY ACT
The African Growth and Opportunity Act (AGOA) is a preferential trade agreement between the United States of America and eligible sub-Saharan African (SSA) countries. It offers non reciprocal preferential treatment over 7000 products exported from African countries to the US market. AGOA is one among a number of trade preferential arrangement that Tanzania is eligible. The Act provides for issues such as but not limited to trade and investment. The country has a record of poor export performance despite the preferential treatment. This study examines the existing legal and regulatory framework governing international trade in Tanzania an attempt to identify weaknesses resulting in country’s poor trade performance. The study then formulates recommendations in view of improving Tanzania’s international trade enabling framework to increase exports and potentially become a regional trade hub including establishing an effective national AGOA strategy.
