Togo

Quick Facts

Official Name Togolese Republic Togo
Capital Lome
Location Western Africa, bordering the Bight of Benin, between Benin and Ghana
Area total: 56,785 sq km land: 54,385 sq km water: 2,400 sq km
Climate tropical; hot, humid in south; semiarid in north
Terrain gently rolling savanna in north; central hills; southern plateau; low coastal plain with extensive lagoons and marshes
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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

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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