AGOA headed for expiry, but one beneficiary says U.S. will extend this year

The African Growth and Opportunity Act is headed toward expiration this week despite broad, bipartisan support for renewal in Congress – something one beneficiary country says should ensure reauthorization later in the year. Lawmakers on the House Ways & Means Committee and Senate Finance Committee told officials from Lesotho that they expect the U.S. to extend AGOA by the end of the year, the country’s trade minister said last week. The trade-preference program is set to lapse on Sept. 30...