AMSTERDAM – Ethiopian unions have said they fear millions of jobs will be lost if the US withdraws the country’s eligibility for the African Growth and Opportunity Act (AGOA) which gives duty-free access to Ethiopia’s textile, garments, shoe, leather and other products.
AGOA, which gives special access to US markets for 6,500 products from Sub-Saharan African countries is set to expire in 2025. Under AGOA, Ethiopian exports to the US increased from US$29m in 2000 to US$525m in 2020 but it is set to expire in 2025. However, the balance of trade still favours the US whose exports to Ethiopia increased from US$165m to US$868m in the same period.
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