The U.S Assistant Secretary for
the Bureau of African Affairs, Mr Tibor Nagy, on Wednesday said that President
Trumps’ administration would focus on bilateral free trade agreements with
African countries.
Nagy made the disclosure in a
telephonic press conference with journalists from across Africa to announce the
planned visit of the U.S. Deputy of State, Mr John Sullivan to Africa.
Sullivan would be visiting South
Africa and Angola to discuss U.S. trade and investment, advancing peace and
security, humanitarian crisis in Venezuela and engagement with youth and the
civil society.
Nagy said that U.S. currently had
only one free trade agreement with Morocco in Africa, while his government had
none with any Sub-Saharan African countries.
“The United States of America
supports the continent-wide free trade agreement. So we’re not trying to
compete with that.
“But the administration very
strongly supports bilateral free trade agreements for the United States of
America, and right now, we are actively searching for a country to serve as a
model.
“The United States of America
right now has only one Free Trade Agreement (FTA) with an African country, and
that is Morocco, so in effect, we have none with sub-Saharan Africa,’’ he said.
Nagy, who said that the
post-African Growth and Opportunities Act (AGOA) was fraught with uncertainty,
disclosed that the U.S. was also already in extensive commercial ties with
South Africa.
According to him, there are
currently about 600 the United States different companies providing employment
for about 200,000 people in South Africa.
“South Africa is an essential
commercial and trade partner in Africa,’’ he said.
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