News Formal

U.S. trade chief: Ethiopia's duty-free market status to be decided 'soon'

  • 📰 Reuters
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

Katherine Tai, U.S. global trade representative, said Washington would 'soon' decide on Ethiopia's status under the African Growth and Opportunity Act (AGOA), an agreement which gives it duty-free access to the United States.

U.S. Trade Representative Katherine Tai addresses the Geneva Graduate Institute on the role of the World Trade Organization in the global economy and U.S. policy priorities ahead of the 12th Ministerial Conference in Geneva, Switzerland October 14, 2021. REUTERS/Denis BalibouseGENEVA, Oct 14 - Katherine Tai, U.S.

Ethiopia exported about $237 million worth of goods duty-free to the United States under AGOA in 2020, according to U.S. commerce department data. Billene Seyoum, the prime minister's spokeswoman, sent a text message to Reuters saying: “No one is more committed than the Government of Ethiopia to the cause of addressing the ongoing humanitarian crisis in Tigray, Amhara and Afar regions with urgency."

She previously said the suspension would take away 1 million jobs from the nation of 109 million people.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Europe's stocks head for higher open as markets digest U.S. inflation data, earningsEuropean stocks are expected to open higher on Thursday with investors around the world reflecting on the latest inflation data and earnings out of the U.S. good luck Meanwhile, Biden touts higher wages but the military he’s controlling by vaccine mandates receives no extra pay or higher wages. Thanks, Biden!
Source: CNBC - 🏆 12. / 72 Read more »