US Revokes Ethiopia Trade Privileges Effective Next Year

November 6 , 2021


US Revokes Ethiopia Trade Privileges Effective Next Year

The US government has terminated Ethiopia’s involvement in the African Growth & Opportunity Act (AGOA), citing “gross violations of internationally recognised human rights.” Signed into US law in 2000, AGOA permitted the duty-free entry of African-produced goods. Ethiopia has been privileged to export close to 6,500 items to the US market, with an annual value of over half a billion dollars. The trade deal is particularly beneficial to the country's textile industry. Companies at Hawassa Industrial Park, dedicated mainly to textile manufacturing, exported 95pc of their products to the US last year. Ethiopia is one of three sub-Sahara African countries to lose the privilege, together with Mali and Guinea. "I intend to terminate the designation of Ethiopia, Guinea, and Mali as beneficiary sub-Saharan African countries under the AGOA as of January 1, 2022," says a letter President Joe Biden wrote to Congress on November 2, 2021. "I'll continue to assess whether the Governments of Ethiopia, Guinea, and Mali are making continual progress toward meeting the AGOA eligibility requirements."


Radar

HONOURING MEDIA

Media personalities gather on stage on the occasion of the inauguration of "Mezgebe Amero," a book that has the biography of 180 people in the media, at the National Theatre on August 5, 2022. Media personalities and their spouses were also honoured...


Radar

MOVING SCAFFOLD

Part of the road construction around Qera is at its final stages. Workers are painting the bottom of the bridge to make it more aesthetically pleasing. To do this, they have built scaffolding on top of a truck to make moving from one section easier...


Radar

UMBRELLA LINES

An umbrella has become one of the most important accessories to carry when going out. Commuters waiting in line for public transportation is a case in point. There are dozens of umbrellas on display to protect against the tough rainy season...