Comment from Cabo Verde Embassy to the US
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Summary: The Government of the Republic of Cabo Verde expresses strong support for the renewal of the African Growth and Opportunity Act (AGOA) and reaffirms its commitment to its eligibility criteria. They advocate for the program's evolution into an instrument of economic integration and request specific considerations for small island states.
The AGOA should evolve from a simple trade instrument into an instrument of economic integration. Instead of measuring success solely by the volume of exports, it should also encourage direct investment, technology transfer, institutional capacity building, and the active participation of the diaspora.
The renewal of AGOA remains important for Cabo Verde, especially for its political and strategic value in relations with the United States. However, its effectiveness will depend on the ability to adapt the program to the specificities of small island states. A uniform model for all African countries is unlikely to produce equitable results.