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U.S. cuts off Ethiopia, Mali, Guinea from Africa duty-free trade program

Sunday, January 2, 2022

WASHINGTON (Reuters) - The United States on Saturday blocked Ethiopia, Mali and Guinea from access to a duty-free trade program, following through on President Joe Biden's threat to do so over human rights violations and recent coups.

"The United States today terminated Ethiopia, Mali and Guinea from the AGOA trade preference program due to actions taken by each of their governments in violation of the AGOA Statute," the U.S. Trade Representative's office said in a statement.

President Joe Biden warned in November that Ethiopia would be cut off from the AGOA duty-free trading regime due to alleged human rights violations in the Tigray region, while Mali and Guinea were targeted due to recent coups.

"The Biden-Harris Administration is deeply concerned by the unconstitutional change in governments in both Guinea and Mali, and by the gross violations of internationally recognized human rights being perpetrated by the Government of Ethiopia and other parties amid the widening conflict in northern Ethiopia," the USTR statement said.

"Each country has clear benchmarks for a pathway toward reinstatement and the Administration will work with their governments to achieve that objective."

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18-01-2022 12:26:15 (UTC+7)

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1.1332

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EUR/USD

1.1332

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 EUR/USD1.1332↑ Buy
 GBP/USD1.3584Neutral
 USD/JPY114.55↑ Sell
 AUD/USD0.7179↑ Sell
 USD/CAD1.2549Buy
 EUR/JPY129.82Sell
 EUR/CHF1.0387↑ Sell
 Gold1,814.25↑ Buy
 Silver23.473↑ Sell
 Copper4.3908↑ Sell
 Crude Oil WTI84.23↑ Sell
 Brent Oil86.90↑ Sell
 Natural Gas4.292↑ Sell
 US Coffee C239.90↑ Buy
 Euro Stoxx 504,257.82↑ Sell
 S&P 5004,583.50↑ Sell
 DAX15,772.56↑ Sell
 FTSE 1007,563.55↑ Sell
 Hang Seng24,112.78↑ Buy
 Small Cap 20002,108.70Neutral
 IBEX 358,781.60↑ Sell
 BASF67.660↑ Sell
 Bayer52.06Neutral
 Allianz225.95↑ Sell
 Adidas254.20↑ Sell
 Lufthansa7.129↑ Sell
 Siemens AG142.60↑ Sell
 Deutsche Bank AG11.926↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,115/ 6,155
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SJC HCM6,110/ 6,170
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SJC Hanoi6,110/ 6,172
(0/ 0) # 1,185
SJC Danang6,110/ 6,172
(0/ 0) # 1,185
SJC Nhatrang6,110/ 6,172
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