Last week, Congress introduced several bills that are important to the economic future and national security interests of the United States. Central among them is a 10-year extension of the African Growth and Opportunity Act, legislation that has served as the cornerstone of the U.S.-African economic relationship and has dramatically expanded U.S trade with Africa over the past 15 years.
President Obama has made clear his support for a seamless, long-term extension of AGOA on many occasions, including in a letter to the Congressional trade leadership last month, where he said a long-term extension of AGOA would “signal unquestionably our shared strategic interest in supporting a prosperous future for the African continent.” The AGOA Extension and Enhancement Act is also an important step in strengthening U.S. economic leadership and engagement with the developing world. It deserves bipartisan support and swift approval in Congress. Read more. Source | White House National Security Council