Current:Home > InvestUS officials, lawmakers express support for extension of Africa trade program -Wealth Pursuit Network
US officials, lawmakers express support for extension of Africa trade program
View
Date:2025-04-19 04:11:16
JOHANNESBURG (AP) — U.S. officials and lawmakers expressed support Saturday for the extension of a trade program that grants eligible African countries duty-free access to U.S. markets.
The move follows a clear push by eligible African countries at the African Growth and Opportunity Act trade forum in Johannesburg to have the program extended. It is currently slated to expire in September 2025.
AGOA is U.S. legislation that allows sub-Saharan African countries duty-free access to U.S. markets provided they meet certain conditions, including adherence to the rule of law and the protection of human rights.
Addressing the forum this week, South African President Cyril Ramaphosa called on the U.S. Congress to extend the program for a far longer period than the previous 10-year extension granted in 2015.
More than 30 African countries that are part of the AGOA program participated in the forum, where African businesses showcased products ranging from food and jewelry to electronics. The forum concluded Saturday.
In a statement released Friday, U.S. lawmakers expressed support for the extension of the program.
“Africa is on the precipice of an unprecedented demographic boom. The timely reauthorization of AGOA is important to provide business certainty and show the United States’ continued support towards Africa’s economic growth,” said House Foreign Affairs Committee chairman Michael McCaul and ranking member Gregory Meeks in a statement.
U.S. trade representative Katherine Tai, who led the U.S delegation, emphasized AGOA’s impact on African businesses and its importance to the United States.
“AGOA remains the cornerstone of the U.S. economic partnership with Africa, let us not forget the real impact that AGOA has had on real lives, real people,” she said.
Earlier this week, President Joe Biden announced his intention to boot Niger, Gabon, the Central African Republic and Uganda from AGOA.
He said Niger and Gabon had failed to establish or make continual progress toward the protection of political pluralism and the rule of law, while citing the Central African Republic and Uganda as having committed gross violations of internationally recognized human rights.
According to Ramaphosa, the extension will provide much needed certainty for eligible African countries and encourage more trade between the U.S. and the continent.
veryGood! (6113)
Related
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Unclaimed luggage piles up at airports following Southwest cancellations
- Video: Regardless of Results, Kentucky’s Primary Shows Environmental Justice is an Issue for Voters
- The federal spending bill will make it easier to save for retirement. Here's how
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- A Call for Massive Reinvestment Aims to Reverse Coal Country’s Rapid Decline
- Southwest cancels another 4,800 flights as its reduced schedule continues
- Southern Charm Star Taylor Ann Green's Brother Worth Dead at 36
- The Daily Money: Spending more on holiday travel?
- The overlooked power of Latino consumers
Ranking
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- At a French factory, the newest employees come from Ukraine
- Greenhouse Gas Emissions Plunge in Response to Coronavirus Pandemic
- Detlev Helmig Was Frugal With Tax Dollars. Then CU Fired Him for Misusing Funds.
- 2025 'Doomsday Clock': This is how close we are to self
- Michael Cohen plans to call Donald Trump Jr. as a witness in trial over legal fees
- Fox News' Sean Hannity says he knew all along Trump lost the election
- You'll Whoop It up Over This Real Housewives of Orange County Gift Guide
Recommendation
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
As Rooftop Solar Grows, What Should the Future of Net Metering Look Like?
Mary-Louise Parker Addresses Ex Billy Crudup's Marriage to Naomi Watts
Facing an energy crisis, Germans stock up on candles
Toyota to invest $922 million to build a new paint facility at its Kentucky complex
Environmental Groups Don’t Like North Carolina’s New Energy Law, Despite Its Emission-Cutting Goals
The Real Story Behind Khloe Kardashian and Michele Morrone’s Fashion Show Date
Texas Justices Hand Exxon Setback in California Climate Cases