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Why has Sterling Greenwoods Limited (526500) performed so strongly recently ✌️【Long-term Investment】✌️ Free stock data analysis tools to help you select stocks accurately and capture global market trends. Stay ahead with expert market predictions for better investment returns. 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 Expert Investment Advice 】 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.
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“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 Expert Investment Advice 】 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.
Why has Sterling Greenwoods Limited (526500) performed so strongly recently ✌️【Long-term Investment】✌️ Free stock market analysis and data updates to help you select the best investment portfolio. Achieve steady growth and avoid losses with expert predictions and real-time market insights. An investigation by 【 - Free Expert Investment Advice 】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.
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Why has Sterling Greenwoods Limited (526500) performed so strongly recently ✌️【Long-term Investment】✌️ Expert guidance on stock market trends and real-time updates on stock indices, futures, and exchange rates. Make well-informed decisions and plan the best investment strategies for capital growth. 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 Expert Investment Advice 】’s Jennifer Hansler, Gianluca Mezzofiore, Katie Polglase and Barbara Arvanitidis contributed reporting.
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