The suspension of benefits threatens Ethiopia's textile industry
, which supplies global fashion brands, and the country's nascent hopes of becoming a light manufacturing hub. It also piles more pressure on an economy reeling from the conflict, the coronavirus pandemic, and high inflation.
The AGOA trade legislation provides sub-Saharan African nations with duty-free access to the US if they meet certain eligibility requirements, such as eliminating barriers to US trade and investment and making progress towards political pluralism.
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