Lesotho’s trade minister announced on Wednesday that the United States is seeking to extend the African Growth and Opportunity Act (AGOA) agreement by one year. The agreement facilitates preferential trade access for African nations to the U.S. market. The minister stated that the extension is a result of a recent visit to Washington D.C. and is aimed at bolstering economic partnerships within the continent. The decision follows ongoing discussions regarding the long-term implications for Lesotho’s trade relationships with the United States.
Credits: The Straits Times World News
