Economic and Commercial
Our section includes Economic, Commerical and labor functions. We also administer a Self-Help Program that provides assistance for community-based projects.To understand current U.S. economic initiatives, you may check the Department of State's Bureau of Economic and Business Affairs athttp://www.state.gov/e/eb/ and the U.S. Trade Representative website at http://www.ustr.gov/. USTR also devotes considerable attention to U.S. growing trade relationship with Africa athttp://www.ustr.gov/World_Regions/Africa/Section_Index.html
Exports to the U.S.
More and more African entrepreneurs are taking advantage of the U.S.' U.S.' US$9 trillion economy. Over the past two years, in fact, African exports to the U.S. have grown by 50 percent.
The U.S./Zimbabwe trade relationship is overwhelming in Zimbabwe's favor. In 2001, Zimbabwe sent US$91 million of products to the U.S. while U.S. export to Zimbabwe totaled only US$31 million. We encourage Zimbabwean exporters to take advantage of these opportunities.
Exporters enjoy significant tariff reductions under the General System of Preference (GSP). Approximately half of Zimbabwe's exports to the U.S. were through the GSP.
The African Growth and Opportunity Act (AGOA) offers qualified Sub-Saharan countries even more liberal access to the U.S. Market. It has also become the main vehicle for dialogue between the U.S. and Sub-Sahara Africa. While Zimbabwe is not presently qualified for AGOA, Zimbabwe citizens may benefit from AGOA's quota and duty free provisions when exporting from one of the 36 qualified AGOA countries. The 2002 AGOA report to Congress is at http://www.state.gov/documents/organization/11518.pdf (PDF 478KB)
American Business Association of Zimbabwe
The Embassy participates in the American Business Association of Zimbabwe (ABAZ). If you represent a U.S. business and would like to attend a ABAZ function, please get in touch with us.
We welcome U.S. business visitors, as well as local visitors interested in U.S. products, for whom we maintain a commercial library. Please call us at 263-4-752260/758806 or fax us at 263-4-758802 for appointments or information.
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