Obama ends benefits for Guinea, Madagascar, Niger

Obama said he has terminated trade benefits for Guinea, Madagascar and Niger under a U.S. program.

Obama ends benefits for Guinea, Madagascar, Niger

President Barack Obama said on Wednesday he has terminated trade benefits for Guinea, Madagascar and Niger under a U.S. program aimed at creating jobs on the world's poorest continent.

In a statement, Obama said the three countries had failed to make "continual progress" in meeting U.S. requirements

At the same time, Obama said he was adding Mauritania to the list of sub-Saharan African countries eligible for preferential U.S. tariff treatment under the African Growth and Opportunity Act.

Reuters
Last Mod: 23 Aralık 2009, 23:28
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