Protection likely for African countries that outgrow Agoa
Retaining countries that are eligible for exclusion should be considered in the reauthorisation of the act, says trade representative Katherine Tai
The improved agreement of the African Growth and Opportunity Act (Agoa), due to expire in 2025, is likely to have fewer requirements for graduation from the programme to avoid beneficiaries losing out on the lucrative commercial ties with the US, says a top Washington diplomat.
The legislation, which was enacted in 2000 and allows Sub-Saharan African countries preferential access to US markets, requires that beneficiaries be graduated out of the programme once they reach a certain level of development...
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