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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Oct 17, 2017.
African Growth and Opportunity Act and Millennium Challenge Act Modernization Act or the AGOA and MCA Modernization Act
This bill directs the President to establish a website for the collection and dissemination of information regarding the African Growth and Opportunity Act (AGOA).
The Department of State is urged to encourage eligible sub-Saharan African countries to use AGOA benefits.
The President is urged to:
facilitate trans-boundary trade among eligible sub-Saharan African countries; provide AGOA benefits training for business and government trade officials; provide capacity building for African entrepreneurs and trade associations on production strategies, quality standards, and market development; and provide capacity building training. The Millennium Challenge Act of 2003 is amended to permit an eligible country that has entered into a Millennium Challenge Compact to enter into one additional compact.
The bill establishes new assistance criteria for a low-income or a lower-middle-income candidate country to enter into a compact with the United States.
The Millennium Challenge Corporation shall: (1) before selecting a compact country, provide the Board of Directors with information regarding the country's treatment of civil society; and (2) assess the feasibility of developing subnational partnerships.