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Thursday, October 24, 2019

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U.S. – Africa to strengthen trade and investment ties with high level roundtable at UNGA74

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Simon Ateba
Simon Ateba
Simon is an investigative journalist and publisher of TODAY NEWS AFRICA L.L.C. based in Washington, District of Columbia, U.S.A. His twitter handle is @simonateba and his email is simonateba@todaynewsafrica.com

The United States and Africa would strengthen their trade and investment ties at the United Nations General Assembly in New York with a high level roundtable on September 25, the Trump administration announced on Friday.

U.S. Deputy Secretary of State John J. Sullivan, Deputy Secretary of Commerce Karen Dunn Kelley, and USAID Administrator Mark Green will deliver remarks at the event scheduled to hold at the Lotte New York Palace Hotel in New York, the U.S. Department of State said.

EXIM President and Chairman Kimberly Reed, OPIC Acting President and CEO David Bohigian, Under Secretary of State for Economic Growth, Energy and the Environment Keith Krach, and Assistant Secretary of State for African Affairs Tibor Nagy will also participate in the event. 

The event is expected to bring together U.S. government officials, African foreign ministers, and U.S. businesses to highlight new tools and initiatives the United States has developed to expand U.S.-Africa trade and investment.

With China on the rise, the United States has been increasing its presence in Africa while accusing China of pursuing what it has characterized as debt traps.

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