Blog: Go AGOA
Leonie Barrie | 25 June 2004
It finally seems that US lawmakers have been able to agree on something. The Senate’s unanimous vote last night to support legislation proposing to extend the African Growth and Opportunity Act (AGOA) to 2015 is good news for sub-Saharan textile producers and potential investors in the region. Concern has been mounting over a special clause – due to expire in September – that allows some producers to use third-country fabric for duty-free US imports. This is due to be extended for an additional three years under the new bill. The next step is the White House, from where it is expected to proceed swiftly into law with President Bush's signature.
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