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Congo Returns to AGOA Eligibility

President Donald Trump has returned The Democratic Republic of the Congo to African Growth and Opportunity Act eligibility, the White House announced late Dec. 22. The changes will take effect Jan. 1, 2021, when the DRC will again be one…

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of the lesser developed beneficiaries. The proclamation said that the DRC has been out of AGOA for 10 years. The proclamation also made official the promised tariff benefits for a handful of European Union products in exchange for the EU lowering tariffs on U.S. lobsters (see 2008210028).