Mali

Quick Facts

Official Name Republic of Mali Mali
Capital Bamako
Location Western Africa, southwest of Algeria
Area total: 1.24 million sq km land: 1.22 million sq km water: 20,000 sq km
Climate subtropical to arid; hot and dry (February to June); rainy, humid, and mild (June to November); cool and dry (November to February)
Terrain mostly flat to rolling northern plains covered by sand; savanna in south, rugged hills in northeast
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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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Trade Organizations

Community of Sahel-Saharan States (CEN-SAD)

CEN-SAD is a Regional Economic community of the Organization of African Unity. The organization looks to implementing a community that comprises of sustained socio-economic development. CEN-SAD looks to free movement of persons, capitals and interests of nationals of members. Right of establishment, ownership and exercise of economic activity. Last, free trade and movement of goods, commodities and services from members.

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West Africa Economic and Monetary Union (UEMOA)

UEMOA aims to establish economic integration amongst countries that share a common currency, - the CFA franc. It is both a customs and monetary union between members of ECOWAS. UEMOA seeks to increase economic competitiveness, unify macroeconomic policies, create a common market, coordinate sectoral policies and harmonize fiscal policies.

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Data Center

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