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Jan 12 (Reuters) - The US House of Representatives passed a bill on Monday that would renew Washington's preferential trade program for some African countries through 2028.
While Agoa does benefit key sectors of our economy, we should be aware that this is not the entire story. (Photo: iStock | Vecteezy | Rawpixel | Wikimedia) By Christian Martinez
The House approved the extension for the African Growth and Opportunity Act (AGOA), first enacted in 2000 to provide duty-free access to the U.S. market for eligible Sub-Saharan countries and products, by a vote of 340 to 54, the House Press Gallery said in a posting on the social media website X.
The bill will next go to the Senate.
(Reporting by Christian Martinez; Editing by Christian Schmollinger)
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