Industry News

President Signs AGOA Third-Country Fabric Extension and Burma Sanctions Reauthorization Bill

August 14, 2012

On August 10, 2012, President Obama signed legislation extending the Africa Growth and Opportunity Act’s (AGOA’s) third-country fabric provision and reauthorizing sanctions against Burma (H.R. 5986). Congress passed the legislation with bipartisan support on August 2, 2012. The legislation provides a three year extension for AGOA’s third-country fabric provision, which was scheduled to expire on September 30, 2012. It also adds South Sudan to the list of eligible countries. With regard to Burma Sanctions, the legislation extends the President’s authority to maintain or waive the import ban on products from Burma for three years, and renews the imposition of import sanctions on products from Burma for one year. The legislation also makes technical corrections to the Harmonized Tariff Schedule of the United States relating to the textile and apparel rules of origin for the Dominican Republic-Central America-United States Free Trade Agreement.


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