INTERNATIONAL REGULATORY ROUND UP – PRESSURE MOUNTS ON US GOVERNMENT TO RE-ADMIT NEW KNITTING HUB ETHIOPIA TO AGOA
November 23rd, 2022
The US government is coming under increasing pressure to reinstate Ethiopia as a participant of its African Growth & Opportunity Act (AGOA), now a peace agreement has been signed to end a bloody civil conflict in the country. The Ethiopian government and the Tigray People’s Liberation Front (TPLF) have agreed to halt two years’ hostilities that the UN concluded had “intractable and deadly consequences” for civilians. Ethiopia had been a growing knitwear manufacturing hub ahead of its expulsion from AGOA on January 1 (2022), which facilitates ...
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