Relief for Nigeria, others as US senate extends duty-free AGOA trade pact till 2028

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Relief for Nigeria, others as US senate extends duty-free AGOA trade pact till 2028

AI Summary

The US Senate passed a bipartisan vote to extend the African Growth and Opportunity Act (AGOA) duty-free trade pact for two years until December 2028. This extension sustains duty-free access for eligible sub-Saharan African countries, including Nigeria, to the US market, supporting regional trade and economic growth.

By Nkiruka Nnorom The United States Senate has approved a two-year extension of the African Growth and Opportunity Act, AGOA, paving the way for eligible sub-Saharan African countries to continue enjoying duty-free access to the US market until December 2028. The extension, passed with 90 votes in favour and 6 against, comes as a major […] The post Relief for Nigeria, others as US senate extends duty-free AGOA trade pact till 2028 appeared first on Vanguard News.

World Politics Markets Deals Commodities AGOA duty-free trade US Senate Nigeria sub-Saharan Africa trade pact economic growth

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