Promoting Shared Interests: Policy Recommendations for the Second Term of the Obama Administration.
The Corporate Council on Africa is proud to announce the publication of “Promoting Shared Interests: Policy Recommendations for the Second Term of the Obama Administration.” The goal of the paper is to promote better collaboration between the U.S. government and the U.S. private sector in order to expand exports to, and investment in, Africa. The report’s opening statement expresses the central theme of the recommendations: “There is grave concern in the U.S. business community that America is being squeezed out of the 21st century African economy. Without a much better and more focused effort, the United States may lose its pivotal chance to play a substantial role in the development of a region that is of major importance to us, and also miss a chance to help our own economic recovery.”
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The paper makes detailed recommendations in the following sectors: trade policy, finance, information and communication technology, agricultural development and agribusiness, energy (oil and gas and power), health, infrastructure, capacity building and security. CCA members met numerous times in these sector-specific working groups to develop, fine tune and vet policy recommendations aimed at clearly communicating to the Administration and Congress the need for more attention, resources and action in support of U.S. businesses that are active in Africa. The paper draws on the knowledge and expertise of CCA members to provide a comprehensive and detailed set of recommendations that are well-founded in the real world work of promoting economic partnership with Africa and expanding U.S. exports and investment.
CCA will work with the U.S. business community, interested members of Congress and key officials in the Administration on implementation of the recommendations. CCA would like to thank all of our members and partners who contributed their time and expertise to create this document.
This paper is a follow up to a similar paper published in 2009: “The United States and Africa: Policy Recommendations from the American Private Sector for the Obama Administration”.