AGOA III Act

[AI summary unavailable — showing source text] AGOA III Act - Declares the sense of Congress that beneficiary sub-Saharan African countries (SSA countries) under the African Growth and Opportunity Act (AGOA) will benefit if they: (1) implement specified existing obligations under the World Trade Organization (WTO); and (2) take steps to promote regional integration, including through agreements to eliminate regional trade barriers. Amends the Trade Act of 1974 to repeal the requirement that certain non-apparel articles that are the growth, product, or manufacture of an SSA country shall receive duty-free treatment only if the President determines that they are not import-sensitive in the context of imports from such countries. Extends duty-free treatment for AGOA articles from FY 2008 through FY 2020. Amends AGOA to revise requirements for textile and apparel products from SSA countries receiving duty-free and other preferential import treatment. Permits certain articles to contain fabric or yarn not originating from an SSA country or the United States (third country fabric), regardless of commercial availability in the United States (as long as it is not the component that determines the classification of the article under the…