House Committee Eyes Renewing African Growth and Opportunity Act
The House Ways and Means Committee plans to consider how best to renew the African Growth and Opportunity Act, including whether any reforms are needed, the panel's leaders said on Jan. 18.
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Panel members, led by Chairman Jason Smith, R-Mo., and ranking member Richard Neal, D-Mass., met with ambassadors from several countries that participate in AGOA on Jan. 18 before releasing the statement.
AGOA was enacted in 2000 to provide trade benefits to eligible sub-Saharan African countries. In 2015, Congress modernized and extended AGOA to 2025.