Wednesday, June 24, 2015

AGOA Matters!


Today I joined a conference call with White House Senior Administration officials to talk about the President’s trade agenda in relation to the African Growth and opportunity Act (AGOA).



Notably, the renewed AGOA agreement is different from prior AGOA renewals in at least 3 ways.

The first is that the length of the extension of the AGOA agreement will be for 10 years.

The second is that “Third Country Fabric Provision” will be extended the same length as the renewed AGOA, so we no longer have to worry about this provision expiring before the AGOA extension itself.

The third is that a value on African labor, as opposed to just materials themselves, will now be considered.

The Brookings Institution put out a great analysis on the state of the AGOA, which can be viewed here.

Questions/comments? Post below or email me at clark.deanna@gmail.com

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