ANNOUNCED AS TEMPORARYNo
The Finance Committee of the U.S. Senate approved on July 18, 2012 an untitled bill (designated as S.3326) authorizing the special third-country fabric textile provisions of the African Growth and Opportunity Act for least developed developing beneficiary countries through September 30, 2015. These provisions facilitate the importation of apparel produced in the poorest African countries. This bill, if enacted into law, would align this aspect of the program with the authorization for the AGOA as a whole. Without the legislation, the special provision is set to expire on September 30, 2015. The same bill includes provisions making technical corrections relating to the textile and apparel rules of origin for the Dominican Republic-Central America-United States Free Trade Agreement, and reauthorizing the import restrictions contained in the Burmese Freedom and Democracy Act for three years (including a presidential waiver authority). The bill now awaits action in the full Senate as well as the House of Representatives.
⚑ Please report this page in case you detect an inaccuracy in its content.