Industry News

Obama Administration Wants to Extend African Growth and Opportunity Act

June 7, 2011


According to Johnnie Carson, the U.S. Assistant Secretary of State for African Affairs, the Obama Administration wants to reauthorize the African Growth and Opportunity Act (AGOA), which is set to expire in 2015, through 2025. The Administration also reportedly aims to extend AGOA’s third-country fabric provision for ten years, and wants to make South Africa eligible for this provision, which is set to expire September 30th, 2011. AGOA’s Third Country Multi-Fiber provision allows AGOA member states to maintain preferred access to the U.S. market despite using raw materials obtained from a third country. The Administration may also push to include the future country of South Sudan on the list of AGOA’s beneficiaries.

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