U.S. business wants Africa trade certainty, Biden official says

  • 📰 ReutersAfrica
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 53%

United States News News

United States United States Latest News,United States United States Headlines

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.

Delegates attend the opening of the U.S.-sub-Saharan Africa trade forum to discuss the future of the African Growth and Opportunity Act , at the NASREC conference center in Johannesburg, South Africa, November 3, 2023. REUTERS/Siphiwe SibekoJOHANNESBURG, Nov 4 -

"American businesses want AGOA reauthorised. Regardless of sector, they've made that very clear," British Robinson, who heads the U.S. administration's Prosper Africa initiative, told Reuters on the sidelines of the meetings. " extremely important. That's what they've told us," she said, adding that the programme's future was ultimately in the hands of the U.S. Congress. "We don't have control over that."

"But we believe the principal consideration must be ensuring a successful and timely reauthorisation," they said in a statement.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 31. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

West Africa: Using West Africa Capital Market to Bridge Infrastructure Deficit in RegionInfrastructure investments in West Africa have not kept pace with growth in demand, creating a huge deficit.
Source: allafrica - 🏆 1. / 99 Read more »