Economic and Trade
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 and the U.S. Trade Representative website. USTR also devotes considerable attention to U.S. growing trade relationship with Africa
Exports to the U.S.
More and more African entrepreneurs are taking advantage of the U.S.'s US$18 trillion economy. .
The U.S./Zimbabwe trade relationship is overwhelming in Zimbabwe's favor. In 2015, Zimbabwe sent US$65 million worth of products to the U.S. while the U.S. exports to Zimbabwe totaled only US$49 million worth of goods. 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 qualifying Sub-Saharan African 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-Saharan Africa. While Zimbabwe does not presently qualify for AGOA, Zimbabwe citizens may benefit from AGOA's quota and duty free provisions when exporting from one of the 36 qualifying AGOA countries.
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 an ABAZ function, please get in touch with us.
Updated: January 28, 2016
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