SUMMARY - AGOA Renewal and Improvement Act of 2024
Author
Senator Chris Coons and Senator James Risch
Organisation
US Senate
Publication Date
11 April 2024
The African Growth and Opportunity Act (AGOA) is the cornerstone of the U.S. economic relationship with Sub-Saharan
Africa. By lowering the cost of trade and encouraging investment in the region, AGOA has created valuable opportunities
for U.S. businesses, workers, and consumers, while promoting sustainable economic growth and development throughout
the region. The AGOA Renewal and Improvement Act of 2024 includes the following updates to the program (see document).