ITC: AGOA has ‘minimal’ influence overall, large impact in some sectors

The U.S. International Trade Commission has completed its review of the African Growth and Opportunity Act, finding that the program significantly benefits certain sectors but has minimal effects on the continent at large. Then-House Ways & Means Committee Chair Richard Neal (D-MA) last January requested the ITC fact-finding investigation on AGOA and its usage among sub-Saharan African countries as lawmakers considered its future, and the future of U.S.-Africa relations. AGOA is set to expire in 2025. The ITC found that...