WASHINGTON – The U.S. Global Leadership Coalition’s President and CEO Liz Schrayer released the following statement in support of the African Growth and Opportunity Act (AGOA) and Millennium Challenge Act Modernization Act, signed into law yesterday by President Trump:

This legislation is a significant step forward for Africa, the Millennium Challenge Corporation (MCC), and the American people — bolstering our effort to reduce poverty while also boosting economic growth around the world and here at home. The USGLC applauds the Administration and Congress, especially Chairmen Ed Royce and Bob Corker, Ranking Members Eliot Engel and Bob Menendez and Senator Ben Cardin, for their continued effort to strengthen programs that advance our interests overseas.

We have long known that we get the best return on investment when the U.S. government and the private sector work hand-in-hand. Strengthening AGOA and expanding MCC’s capacity will undoubtedly lead to even greater success in enhancing our national security, incentivizing economic growth, and reducing poverty around the world.