The U.S. House of Representatives voted late Monday to extend the African Growth and Opportunity Act, a 25-year-old program between the U.S. and sub-Saharan African nations that underpinned the U.S.-Africa trade relationship.
AGOA provides qualifying sub-Saharan African nations with tariff-free access to the U.S. market for thousands of products in an effort to support economic development, rule of law, and stronger political ties.
The House passage, by a large bipartisan majority, comes after the House Ways and Means Committee last month approved the bill that would extend AGOA for three years.
Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).
About the author
Adva Saldinger@AdvaSal
Adva Saldinger is a Senior Reporter at Devex where she covers development finance, as well as U.S. foreign aid policy. Adva explores the role the private sector and private capital play in development and authors the weekly Devex Invested newsletter bringing the latest news on the role of business and finance in addressing global challenges. A journalist with more than 10 years of experience, she has worked at several newspapers in the U.S. and lived in both Ghana and South Africa.
