US economy slows to 1.6% in Q1 of '24 – BEA    EMX appoints Al-Jarawi as deputy chairman    Mexico's inflation exceeds expectations in 1st half of April    GAFI empowers entrepreneurs, startups in collaboration with African Development Bank    Egyptian exporters advocate for two-year tax exemption    Egyptian Prime Minister follows up on efforts to increase strategic reserves of essential commodities    Italy hits Amazon with a €10m fine over anti-competitive practices    Environment Ministry, Haretna Foundation sign protocol for sustainable development    After 200 days of war, our resolve stands unyielding, akin to might of mountains: Abu Ubaida    World Bank pauses $150m funding for Tanzanian tourism project    China's '40 coal cutback falls short, threatens climate    Swiss freeze on Russian assets dwindles to $6.36b in '23    Amir Karara reflects on 'Beit Al-Rifai' success, aspires for future collaborations    Ministers of Health, Education launch 'Partnership for Healthy Cities' initiative in schools    Egyptian President and Spanish PM discuss Middle East tensions, bilateral relations in phone call    Amstone Egypt unveils groundbreaking "Hydra B5" Patrol Boat, bolstering domestic defence production    Climate change risks 70% of global workforce – ILO    Health Ministry, EADP establish cooperation protocol for African initiatives    Prime Minister Madbouly reviews cooperation with South Sudan    Ramses II statue head returns to Egypt after repatriation from Switzerland    Egypt retains top spot in CFA's MENA Research Challenge    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    EU pledges €3.5b for oceans, environment    Egypt forms supreme committee to revive historic Ahl Al-Bayt Trail    Debt swaps could unlock $100b for climate action    Acts of goodness: Transforming companies, people, communities    President Al-Sisi embarks on new term with pledge for prosperity, democratic evolution    Amal Al Ghad Magazine congratulates President Sisi on new office term    Egypt starts construction of groundwater drinking water stations in South Sudan    Egyptian, Japanese Judo communities celebrate new coach at Tokyo's Embassy in Cairo    Uppingham Cairo and Rafa Nadal Academy Unite to Elevate Sports Education in Egypt with the Introduction of the "Rafa Nadal Tennis Program"    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Washington excludes Ethiopia, Mali, Guinea from AGOA
Published in Daily News Egypt on 03 - 01 - 2022

The United States excluded Ethiopia, Mali, and Guinea from the African Growth and Opportunity Act Programme (AGOA) for duty-free trade following President Joe Biden's threat last November to take this step due to human rights violations and political crises in the three countries.
The Office of the US Trade Representative announced in a press release that Ethiopia, Mali, and Guinea have been excluded from the AGOA trade preference programme due to actions taken by their governments that violate the AGOA.
Under the AGOA agreement, thousands of African exports to the United States benefit from tax breaks, provided that the exporting countries meet human rights, governance, and labour protection standards, as well as impose no customs embargo on any US product.
In a statement, the Office of the US Trade Representative said the Biden administration was deeply concerned about "gross violations of internationally recognised human rights committed by the government of Ethiopia and other parties in the midst of the widening conflict in northern Ethiopia."
The cut-off threatens Ethiopia's textile industry and the country's nascent dreams of becoming a centre for light manufacturing, adding pressure on an economy beset by political strife and the coronavirus pandemic as well as high inflation.
Ethiopia's commerce ministry said in November that Washington's announcement was "deeply disappointing," adding that the move would severely damage economic gains and have an unfair and detrimental impact on women and children.
The decision came against the backdrop of a conflict that has killed thousands and caused a serious humanitarian crisis that has forced more than two million people to flee their homes, according to the United Nations.
Regarding Mali and Guinea, the US Trade Representative said the Biden administration was also "deeply concerned" about "unconstitutional change" in the governments of the two countries.
In Guinea, a unit of Guinean special forces overthrew long-serving president Alpha Conde in early September, drawing international condemnation.
As for Mali, Colonel Assimi Guetta carried out a coup in May 2021 that ousted interim president Bah Ndaw, who was appointed following a coup that was also orchestrated by Guetta in 2020 to succeed President Abubakar Keita.


Clic here to read the story from its source.