US Chamber, African Continental Free Trade Area secretariat sign MOU, launch working group to strengthen collaboration
US Chamber, African Continental Free Trade Area secretariat sign MOU, launch working group to strengthen collaboration.
US Chamber of Commerce | 13th December 2022
By US Chamber of Commerce
WASHINGTON, D.C. - The U.S. Chamber of Commerce’s U.S.-Africa Business Center (USAfBC) and the African Continental Free Trade Area Secretariat (AfCFTA) signed a Memorandum of Understanding (MoU) today to launch a working group to help advance trade and investment between the U.S. and Africa and reaffirm commitment to elevating a strong private sector voice in AfCFTA implementation.
Scott Eisner, President of the U.S.-Africa Business Center, said, “Coordination between the private sector and the AfCFTA is key to unlocking Africa’s full economic potential. As the world’s leading business organization, the U.S. Chamber of Commerce is proud to be a strong voice for private sector business, which is a major stakeholder and beneficiary of the AfCFTA. The creation of today’s working group will provide a key platform for members of the U.S.-Africa Business Center to engage with policy experts and senior government officials on issues critical to the U.S.-Africa trade and investment space, with a particular focus on the digital economy, trade facilitation and customs modernization, and value chains development.”