Urgent.News

What's breaking now, across thousands of outlets.

Business

Okonjo-Iweala, US Lawmakers Excited as Donald Trump Signs Bill for Two-year Extension of AGOA

Ndubuisi Francis in Abuja The Director General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, and some members of the United States Congress have expressed excitement as President Donald

Dr. Ngozi Okonjo-Iweala, Director General of the World Trade Organisation (WTO), and several US lawmakers have expressed their excitement following President Donald Trump's signature of the bill for a two-year extension of the African Growth and Opportunity Act (AGOA). The extension, which was passed by the US Congress without substantial policy changes, provides duty-free access to the American market for 32 African countries, including Nigeria, and is set to continue until the end of December 2028.

Okonjo-Iweala conveyed her delight via a post on X (formerly Twitter), expressing hope that the extension would stimulate mutually beneficial trade between the US and Africa, and crediting various individuals and organizations for their efforts. US lawmakers, including Republican Representative for Missouri's 8th Congressional District, Congressman Jason Smith, and U.S. Congresswoman Terri Sewell, have also welcomed the news, emphasizing the importance of AGOA in promoting economic stability, opportunity, and strategic national security interests.

Brief written by urgent.news from This Day's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at thisdaylive.com →

More in Business

More from Sunday 6 September →