President Biden's Commitment to AGOA Renewal and US-Africa Trade Summit
President Joe Biden expresses strong support for the reauthorization of the African Growth and Opportunity Act (AGOA), a bipartisan law that has been crucial for U.S. trade with sub-Saharan Africa for over two decades. He urges Congress to reauthorize AGOA promptly and update it to align with the economic opportunities of the future. AGOA has been instrumental in promoting private-sector-led economic growth, diversifying African exports, and creating thousands of quality jobs in Africa. President Biden is committed to working with Congress and African partners to extend AGOA beyond 2025, fostering deeper trade relations, regional integration, and unlocking Africa's immense economic potential for mutual benefit.