Current:Home > NewsUS officials, lawmakers express support for extension of Africa trade program -FutureFinance
US officials, lawmakers express support for extension of Africa trade program
View
Date:2025-04-27 12:14:27
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! (51)
Related
- Don't let hackers fool you with a 'scam
- 3 Albuquerque firefighters accused of raping woman at off-duty gathering
- 'Happiest day of my life': Michigan man wins $100k from state lottery
- Identity theft takes a massive toll on victims lives, may even lead to suicidal ideation
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Man who fatally shot South Carolina college student entering wrong home was justified, police say
- Hurricane Idalia: USA TODAY Network news coverage, public safety information all in one place
- As back-to-school costs soar, experts provide tips to help families save
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Travelers hoping to enjoy one last summer fling over Labor Day weekend should expect lots of company
Ranking
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- New owner restarts West Virginia coal-fired power plant and intends to convert it to hydrogen use
- College Football Fix podcast: In-depth preview, picks for Week 1's biggest Top 25 matchups
- The Fate of Elle Fanning's The Great Revealed
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- Trump launched an ambitious effort to end HIV. House Republicans want to defund it.
- Why Florence Pugh Thinks Her Free the Nipple Moment Scared Her Haters
- Newsom plans to transform San Quentin State Prison. Lawmakers and the public have had little input
Recommendation
Trump invites nearly all federal workers to quit now, get paid through September
Body of 12-year-old boy with gunshot wound found in Philadelphia dumpster
New owner restarts West Virginia coal-fired power plant and intends to convert it to hydrogen use
Michigan State, Tennessee exhibition hoops game to benefit Maui wildfire charity
Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
For DeSantis, Hurricane Idalia comes at a critical point in his campaign
More than half of dog owners are suspicious of rabies and other vaccines, new study finds
Warmer Waters Put Sea Turtles on a Collision Course With Humans