From the Worldwide Faith News archives www.wfn.org
US-AFRICA TRADE AND INVESTMENT RELATIONS
From
CAROL_FOUKE.parti@ecunet.org (CAROL FOUKE)
Date
07 Aug 1998 12:18:00
National Council of the Churches of Christ in the U.S.A.
Contacts: NCC News, 212-870-2227
Ad Hoc Committee for Passage
of the Africa Trade Bill (H.R.1432/S.778)
Willis Logan/Paul D. Harris
In Jackson: (601) 354-0515
(601) 353-6906
In New York: (212) 870-2645
Internet: news@ncccusa.org
74NCC8/3/98 FOR IMMEDIATE RELEASE
"STRENGTHEN U.S.-AFRICA TRADE AND INVESTMENT RELATIONS,"
URGES ECUMENICAL COMMITTEE FOR PASSAGE OF AFRICA TRADE BILL
JACKSON, Miss., Aug. 3 ---- In a push for Congress to
pass The African Growth and Opportunity Act, a U.S.
ecumenical committee and three ambassadors from Africa will
hold a briefing here today to dispel myths about the
legislation - especially regarding its impact on the U.S.
textile industry - and to demonstrate the strength of
American interest in Africa.
The ambassadors from Sierra Leone, Liberia and Uganda
will be participating in the briefing, to be held at
Galloway United Methodist Church, 421 Mississippi St.,
Jackson, Miss., from 1 to 4 p.m. today. A news conference
will follow immediately.
Leaders of national organizations such as the
National Association for the Advancement of Colored People
(NAACP), Southern Christian Leadership Conference (SCLC),
African Methodist Episcopal Zion (AMEZ) Church, National
Baptist Convention of America, African Methodist Episcopal
Church (AME), Church of God in Christ (COGIC) and National
Council of Churches (NCC), have passed resolutions or
spoken in support of the economic development of Africa,
including strengthening U.S.-Africa trade and investments
relations.
The African Growth and Opportunity Act
(H.R.1432/S.778) is seen as a positive shift from the U.S.
Cold War policy to one that will emphasize expanding trade
with Africa. It is an attempt to change U.S. development
strategies to balance aid with debt relief and long term
trade and investments.
The shift is welcome by African nations as an
important change for Africa at a time when Africans are
seizing post Cold War opportunities to seriously tackle
social, political and economic challenges that have plagued
Africa for the last four centuries. Mel Foote of the
Constituency for Africa in Washington, D.C., affirmed that
"Africa has suffered enough under colonialism and U.S. Cold
War policy. This shift to trade and investments is
important for Africans to focus on real development
issues."
-more-
74NCC8/3/98
U.S.-Africa Trade and Investment Relations - Page 2
Support for The African Growth and Opportunity Act
has come from most members of the Congressional Black
Caucus, with leaders such as Rep. Charles Rangel (D-N.Y.)
leading the charge for support of The African Growth and
Opportunity Act in Congress. His influence was key to the
passing of the bill in the House of Representatives in
March 1998.
Another key support is from African leaders who have
been involved in promoting the bill in Washington, DC. In a
recent letter to President Bill Clinton, Ambassador Roble
Olhaye of the Republic of Djibouti and the Dean of the
African Diplomatic Corps, urged support of the bill stating
that the continent remains "in great need of long term
investment to develop its abundant resources." The
signatures of 48 African Ambassadors were attached to the
letter. A similar letter was sent to Senator William V.
Roth, Jr., (R-DE), Chairman of the Senate Committee on
Finance.
The bill (H.R.1432/S.778) would formalize U.S.
corporate involvement in Africa, ensuring greater access to
Africa's huge market in the 21st century as the U.S.
competes with a united Europe and Asia for markets abroad.
Africa's economy is already greatly influenced by former
colonial nations like Britain and France. Asian nations
such as Japan and China have also increased trade and
investments in Africa. The current U.S.-Africa trade
relations exceed that of Eastern Europe but trade and
investments are mostly limited to South Africa and major
African oil producing states: Nigeria, Gabon and Angola.
While there are some critics of the legislation it is
generally felt that African Growth and Opportunity Act
(H.R.1432/S.778) represents the best possibility of
creating a new trade relationship between Africa and the
United States in the near future. Rev. Paul D. Harris,
Coordinator of the Ad Hoc Committee for the Passage of the
African Growth and Opportunity Act (H.R.1432/S.778)
stressed, "Clearly, this is a wake-up call for those who
are truly concerned about Africa. We must be prepared to
respond to Africa's new reality... Doing business with
Africa is both a pan African mandate and a global
imperative."
The ambassadors are meeting in Mississippi at a time
when The African Growth and Opportunity Act is greatly
challenged by election year politics. The U.S. Senate
Finance Committee has just passed a watered-down version to
the bill passed by the House of Representatives in March.
Benefits to Africa such as manufacturing textiles for
export to the United States have suffered greatly.
Ambassador Roble Olhaye described the recent Finance
Committee action as a "slap in our face" and an empty
gesture to a continent in great need.
more-
74NCC8/3/98
U.S.-Africa Trade and Investment Relations - Page 3
The House of Representatives version had some key
benefits to sub Saharan African nations, such as: duty free
access of African textiles to the U.S. market; allocation
of funds for the development of Africa's infrastructure;
debt relief to very poor African countries; and maintaining
U.S. annual development assistance to Africa.
"Talking Points" being used by the Ad Hoc Committee
for the Passage of the African Trade Bill emphasize that
this legislation would help Africa create jobs without
hurting U.S. workers or manufacturers. For a copy of the
"Talking Points: Africa Growth and Opportunity Act,"
contact the NCC Africa Desk, 212-870-2645.
For the most part, the attitude of most of the
Senators still appears to rest on the perception that most
Americans have very little interest in Africa."But the
point must be emphasized that Africa matters," stressed
Willis Logan, Director of the National Council of Churches
Africa Office. "A stable and developed Africa is in the
long term interest of the United States. Now, more than
ever, our Senators need to hear from the American people
that Africa deserves a fair hearing and a fair trade bill."
-end-
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