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
On Twitter @fashcompliance
