WTO downplays impact of Agoa expiry on Africa trade

World Trade Organisation (WTO) Director General Ngozi Okonjo-Iweala.

Photo credit: Reuters

The potential expiration of the African Growth and Opportunity Act (Agoa), a duty-free trade programme between the US and Africa, is unlikely to have a material impact on developing nations covered by the initiative, according to the World Trade Organization (WTO).

A trade arrangement under Agoa, which provides duty-free access to the US for thousands of products from 32 eligible African countries, is set to expire this month.

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