US trade chief says African trade programme needs improving ...Kuwait

News by : (The New Arab) -
The duty-free access for nearly 40 African countries in a 22-year-old US trade programme is no longer enough to boost their development and a focus on improving investment is needed, US Trade Representative Katherine Tai said on Tuesday. Tai, after a meeting with African counterparts at the start of a sub-Saharan African leaders summit in Washington, said the African Growth and Opportunity Act (AGOA) needs improving to foster more equitable and sustainable growth. Speaking at a US Export-Import Bank conference, Tai said ministers told her they needed more investment in addition to market access. "We want you to work with us on fostering… economic environments that are

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