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Kenya inches closer to new Agoa deal as US Congress okays Bill

Published on June 15, 2015

The US Congress approved the trade African Growth and Opportunity Act (Agoa) Bill last week, marking a crucial step in a campaign that will safeguard Kenya’s 40,000 jobs and investments worth billions of shillings.

Sources tallied the unofficial vote by the Full House at 397 for the Bill against 32 who opposed it.

“I am very pleased to report that the Agoa Renewal Bill was approved by the full House of Representatives this afternoon,” Paul Ryberg, President of the African Coalition for Trade said in an e-mail message to African exporters on Thursday.

Mr Ryberg has been leading the continent’s campaign to have the preferential trade window—which officially expires at the end of September, to be extended by another 15 years. Read more. Source | Business Daily