Least Developed Countries

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Recommended: Regional trade agreements

Please identify a regional trade organization or agreement where your Least Developed Country is a member. Please explain the benefits of being a member of that body. Sierra Leone is part of African Growth and Opportunity Act (AGOA). The African Growth and Opportunity Act (AGOA) is a United States Trade Act, initiated on May 18, 2000, as Title 1 of The Trade and Development Act of 2000 to assist the economies of Sub-Saharan African (SSA) countries (International Trade Administration). The benefit of is that it increases trade by lowering or eliminating barriers to trade. In other word, companies doing business in Sierra Leone do not incur any foreign exchange cost. Another benefit of integration is that it helps Sierra Leone towards the

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