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Headline : Africa: Rep. James Introduces the AGOA Extension and Enhancement Act of 2024

Read more from the original article on here at allafrica.com.





Tags : #africa #rep #james #introduces #agoa #extension #enhancement #act #2024


No. of Paragraph 18

Washington, DC — Today, Representative John James (MI-10), the Chairman of the House Foreign Affairs Committee’s Subcommittee on Africa, released the following statement following the introduction of the AGOA Extension and Enhancement Act of 2024:

“As the Chairman of the Subcommittee on Africa, I am proud to introduce this bill that reauthorizes the African Growth and Opportunity Act until 2037.

“The value of AGOA to the United States is clear. Fostering a robust business environment between the African continent and American business will lead to economic growth and prosperity for African countries and lower costs for consumers here in the United States.

“The promise of access into the U.S. market has proven to be a major incentive for the private sector to adjust their supply chains and move manufacturing from China to Africa. AGOA has provided hundreds of thousands of jobs for African workers and has accelerated the decoupling of China from global manufacturing supply chains.

Read more from the original article on here at allafrica.com.


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