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Ethiopia's duty free trade with the U.S. Under the African Growth and Opportunity Act (AGOA) grew by 62 percent in one year totaling $137 million in exports, according to USAID. (Photo: AGOA.info) Tadias Magazine By Tadias Staff Published: January 2nd, 2019 New York (TADIAS) – Ethiopia’s exports to the U.S. Women empowerment essay about myself undone. Under the African Growth and Opportunity Act (AGOA) rose by 62% from October 2017 to September 2018. According to the East Africa Hub of the United States Agency for International Development (USAID) Ethiopia experienced the largest increase with a total of $137 million in exports in comparison to $84 million the previous year. “If this growth continues, Ethiopia may quickly become the second or third largest exporter under AGOA in East Africa.” USAID said.
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AGOA is an American trade program that gives selected African countries duty free access to U.S. Market for a variety of locally produced goods including clothing, footwear, automobile parts, steel, crude petroleum and cut-flowers. AGOA was first signed into law by U.S. Congress in 2000 and was re-authorized for another ten years by the Obama administration three years ago. AGOA is set to expire in 2025.
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