well, that’s it
Trade benefits have been terminated – AGOA gets the chop. Thanks Obama.
Madagascar’s security forces on Tuesday fired teargas at opposition leaders and hundreds of their supporters outside parliament as political tensions escalated on the Indian Ocean island.
The brief flare-up happened near the national assembly where the opposition plans to form a new parliament, a process President Andry Rajoelina says is illegitimate.
The United States provides duty-free treatment for nearly 6,400 eligible items such as clothing, cocoa, wood, leather, processed foods and cut flowers under the African Growth and Opportunity Act. However, the biggest single import under the program is oil.
To be eligible, countries must at least be making continual progress toward establishing the rule of law and political pluralism, the protection of human rights and workers rights and efforts to fight corruption.
-Read the full story HERE from Reuters
Wonder what will happen now.
