Congo

Quick Facts

Official Name Republic of the Congo Congo
Capital Brazzaville
Location Western Africa, bordering the South Atlantic Ocean, between Angola and Gabon
Area total: 342,000 sq km land: 341,500 sq km water: 500 sq km
Climate tropical; rainy season (March to June); dry season (June to October); persistent high temperatures and humidity; particularly enervating climate astride the Equator
Terrain coastal plain, southern basin, central plateau, northern basin
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Trade Agreements

African Growth and Opportunity Act (AGOA)

The African Growth and Opportunity Act (AGOA) is a United States Trade Act that significantly enhances U.S. market access for (currently) 39 Sub-Saharan African (SSA) countries. The Act originally covered the 8-year period from October 2000 to September 2008, but amendments signed into law by U.S.President George Bush in July 2004 further extend AGOA to 2015. At the same time, a special dispensation relating to apparel was extended by three years to 2007. On 20 December 2006, key changes to AGOA were signed into law, extending the garment provisions to 2012. In June 2007, a revised textile certificate of origin was published to give effect to the "abundant supply" provisions contained in the most recent legislative changes.AGOA builds on existing U.S. trade programs by expanding the (duty-free) benefits previously available only under the Generalised System of Preferences (GSP) program. Duty-free access to the U.S. market under the combined AGOA/GSP program stands at approximately 7,000 product tariff lines, including the roughly 1,800 product tariff lines that were added to the GSP by the AGOA legislation. Notably, these include items such as apparel and footwear, wine, certain motor vehicle components, a variety of agricultural products, chemicals, steel and others. The purpose of this legislation was to assist the economies of sub-Saharan Africa and to improve economic relations between the United States and the region.

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Cotonou Agreement

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The Cotonou Agreement is aimed at the reduction and eventual eradication of poverty while contributing to sustainable development and to the gradual integration of ACP countries into the world economy. The revised Cotonou Agreement is also concerned with the fight against impunity and promotion of criminal justice through the International Criminal Court. The agreement also provides for reciprocal trade agreements, meaning that not only the EU provides duty-free access to its markets for ACP exports, but ACP countries also provide duty-free access to their own markets for EU exports.

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Trade Organizations

Common Market for Eastern and Southern Africa (COMESA)

The purpose of COMESA is to create high standards of living for all its people ready to merge into an African Economic Community.

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Economic and Monetary Community of Central Africa (CEMAC)

The purpose of CEMAC is to promote economic integration among countries that share a common currency, the CFA franc. CEMAC promotes trade, institution of a genuine common market, and greater solidarity amongst peoples towards under-privileged countries and regions. Currently, CEMAC countries share a common financial, regulatory, and legal structure, and maintain a common external tariff on imports from non-CEMAC countries. It is a subgroup of ECCAS/CEEAC.

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Economic and Monetary Community of Central Asia (CEMAC)

The purpose of CEMAC is to promote economic integration among countries that share a common currency, the CFA franc. CEMAC promotes trade, institution of a genuine common market, and greater solidarity amongst peoples towards under-privileged countries and regions. Currently, CEMAC countries share a common financial, regulatory, and legal structure, and maintain a common external tariff on imports from non-CEMAC countries. It is a subgroup of ECCAS/CEEAC.

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Organization of African Trade Union Unity

Merger of all All-African Trade Union Federation (AATUF), the African Trade Union Confederation (ATUC), smaller Pan-African Workers' Congress. Consists of four regional organizations.

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Data Center

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