Current:Home > InvestUS officials, lawmakers express support for extension of Africa trade program -Stellar Wealth Sphere
US officials, lawmakers express support for extension of Africa trade program
View
Date:2025-04-13 18:34:32
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! (27)
Related
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Texas sues doctor and accuses her of violating ban on gender-affirming care
- 'Dune: Prophecy' cast, producers reveal how the HBO series expands on the films
- Democratic incumbent and GOP challenger to hold the only debate in Nevada’s US Senate race
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- A parent's guide to 'Smile 2': Is the R-rated movie suitable for tweens, teens?
- Former United Way worker convicted of taking $6.7M from nonprofit through secret company
- Dennis Eckersley’s daughter gets suspended sentence in baby abandonment case
- 'Most Whopper
- One Direction's Liam Payne May Have Been Unconscious When He Fatally Fell From Balcony
Ranking
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- HIIT is one of the most popular workouts in America. But does it work?
- After Hurricane Helene, Therapists Dispense ‘Psychological First Aid’
- Texas sues doctor and accuses her of violating ban on gender-affirming care
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- Rita Ora Leaves Stage During Emotional Performance of Liam Payne Song
- 17 students overcome by 'banned substance' at Los Angeles middle school
- Arkansas Supreme Court upholds wording of ballot measure that would revoke planned casino’s license
Recommendation
McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
Powerball winning numbers for October 16 drawing: Did anyone win $408 million jackpot?
15-year-old Kansas football player’s death is blamed on heat
Niall Horan Details Final Moments With Liam Payne in Heartbreaking Tribute
Questlove charts 50 years of SNL musical hits (and misses)
Harris pressed on immigration, Biden in tense Fox News interview | The Excerpt
Taylor Swift fans flock straight from Miami airport to stadium to buy merchandise
We Are Ranking All of Zac Efron's Movies—You Can Bet On Having Feelings About It