Domaine de Grand Pré’s Recipe for Award-Winning Service and Hospitality | SaltWireJOHANNESBURG - U.S. businesses want certainty over the future of Washington's flagship trade programme for Africa as they reduce their dependence on China and consider investing on the continent, a Biden administration official said on Saturday.
U.S. officials were in Johannesburg, South Africa on Saturday wrapping up three days of talks with African trade ministers over AGOA's future. While U.S. companies are increasingly looking to Africa as an alternative investment destination as they move away from China, Robinson said they need the reassurance of an extension of AGOA.
The initiative, initially launched in 2000, has enjoyed longstanding bipartisan support from U.S. lawmakers, who view it as critical to countering Chinese influence in Africa.U.S. Secretary of State Antony Blinken said on Friday that the White House wants to work with Congress to improve AGOA and not simply renew it without changes.
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: SaltWire Network - 🏆 45. / 63 Read more »