Bill > S2958

This bill extends and modifies the African Growth and Opportunity Act (AGOA), a trade program designed to promote economic growth in sub-Saharan African countries, by prolonging its duration until 2027 and extending several key provisions including regional apparel and third-country fabric programs. The bill requires the United States Trade Representative to develop a strategy for expanding trade relationships with AGOA beneficiary countries, which includes identifying at least five countries for potential bilateral trade agreements and establishing criteria for negotiation readiness based on factors like democratic governance, rule of law, and human rights. Additionally, the bill mandates a comprehensive review of the bilateral relationship between the United States and South Africa, with a particular focus on assessing South Africa's foreign policy actions and potential national security implications. The legislation directs the President to submit reports to Congress within 120 days, including a certification of whether South Africa has undermined U.S. national security interests and a classified report identifying senior South African government officials who may be subject to sanctions for corruption or human rights abuses. The bill reflects concerns about South Africa's growing relationships with China and Russia and seeks to evaluate and potentially respond to these diplomatic and strategic developments.

Budget and Finance

https://www.congress.gov/bill/119th-congress/senate-bill/2958/all-info