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duty-free access

2 Results / Page 1 of 1

Background

Africa

Biden Administration supports AGOA re-authorisation

The Biden administration is supporting the early extension of the African Growth and Opportunity Act, allowing over 30 sub-Saharan African countries to maintain duty-free access to the U.S. market. Joy Basu, the Deputy Assistant Secretary of State in the Bureau of African Affairs, confirmed this during a press briefing, saying the United States supports an early re-authorization before AGOA expires in September 2025.    Since its enactment in 2000, the […]

todayJuly 30, 2024 18

Africa

AGOA-AfCFTA to offer a trade highway to the US until 2041

      By Seth Onyango, bird story agency   Forty African nations could have duty-free access to U.S. markets until 2041, as Congress considers a bipartisan bill extending the African Growth and Opportunity Act (AGOA). Senators Chris Coons (D-Delaware) and James Risch (R-Idaho) tabled a revised AGOA Renewal and Improvement Act of 2024 in Congress, which now explicitly integrates it with the African Continental Free Trade Agreement (AfCFTA). This alignment […]

todayApril 15, 2024 36

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