"Senator Coons advocates for US-Africa program extension to 2041, gaining bipartisan support"
TL;DR Summary
Democratic Senator Chris Coons has proposed a 16-year extension for the African Growth and Opportunity Act (AGOA), a program that provides duty-free access to the U.S. market for eligible African countries. Discussions are underway for the renewal of the program, which is set to expire in 2025. African nations are pushing for a 10-year extension, and President Joe Biden's administration supports the reauthorization but with proposed reforms. In 2022, African exports worth over $10 billion accessed the United States duty-free through AGOA.
Topics:world#african-growth-and-opportunity-act-agoa#economic-development#international-relations#senator-chris-coons#trade#us-africa-policy
- Senator Chris Coons pushes for the extension of US-Africa program to 2041 Business Insider Africa
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- Cabinet welcomes intention to extend Agoa beyond 2025, minister in the presidency confirms | City Press News24
- US officials, lawmakers express support for extension of Africa trade program The Associated Press
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