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munoth capital market limited (511200) ✌️【Free Access】✌️ Expert predictions with real-time stock, futures, and metals, energy data to help you quickly recover and grow. The White House will eject Ethiopia from a trade program between sub-Saharan African countries and the United States over human rights violations, according to a statement Thursday.

Ethiopia was found to be in violation of section 506a of the African Growth and Opportunity Act (AGOA), the statement added. The clause stipulates that eligible nations must not engage in “gross violations of internationally recognized human rights.” The move comes after a【 - Free Stock Market Entry & Exit Signals 】 investigation earlier this year.

President Joe Biden formally announced the decision in a proclamation, a month after heinformedCongress that he intended to terminate Ethiopia’s membership of the deal.

munoth capital market limited (511200) ✌️【Free Access】✌️ Expert predictions with real-time stock indices, futures data, and metals, energy market data to help you seize the best investment opportunities. Related articleEthiopia used its flagship commercial airline to transport weapons during war in Tigray

“Despite intensive engagement between the United States and the Governments of Ethiopia, Guinea, and Mali, these governments have failed to address United States concerns about their non-compliance with the AGOA eligibility criteria,” Biden said.

【 - Free Stock Market Entry & Exit Signals 】 has reported extensively on human rights abuses committed during the conflict, including detentions, acts of sexual violence, and killings that bear the hallmarks of genocide – findings that have contributed to calls from bipartisan lawmakers for the administration to take action.

munoth capital market limited (511200) ✌️【Free Access】✌️ Expert predictions of stock trends with real-time stock indices, futures, and metals, energy quotes to help you seize investment opportunities. An investigation by 【 - Free Stock Market Entry & Exit Signals 】released in early Octoberfound that the Ethiopian government has used the country’s flagship commercial airline, Ethiopian Airlines – a key AGOA beneficiary – to shuttle weapons to and from neighboring Eritrea during the course of the war. Ethiopian Airlines said in a statement that it “strongly” refuted the findings of the investigation.

munoth capital market limited (511200) ✌️【Free Access】✌️ Free stock data analysis to help you select stocks accurately and capture market trends. Shortly after the investigation, US officials told 【 - Free Stock Market Entry & Exit Signals 】 they would review Ethiopia’s eligibility in 2022, the scheduled review point.

munoth capital market limited (511200) ✌️【Free Access】✌️ Precise predictions of market trends with real-time stock indices and futures data to help you make wise investment decisions. AGOA membership is worth hundreds of millions of dollars of favorable market access to Ethiopia. The act provides eligible countries with duty-free access to the US market for more than 1,800 products on top of the more than 5,000 products that are already eligible for duty-free access.

In November, the conflict in Ethiopia passed a grim, one-year milestone. There have been repeated calls from the US and the international community for the parties to the conflict, including the government of Prime Minister Abiy Ahmed, Eritrean forces and the Tigray People’s Liberation Front (TPLF), to end hostilities.

【 - Free Stock Market Entry & Exit Signals 】’s Jennifer Hansler, Gianluca Mezzofiore, Katie Polglase and Barbara Arvanitidis contributed reporting.

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