Washington DC: AGOA Extension Passes First Step in the House

The bill H.R. 6500, aimed at extending the African Growth and Opportunity Act (AGOA) until 2028, was adopted on Wednesday by the House Ways and Means Committee with a vote of 37 to 3. This marks a significant advancement but leaves uncertainty regarding the future of the legislative process.

The text, titled "AGOA Extension Act," proposes a so-called "clean" extension of the program, which ensures preferential access to the U.S. market ...