{"id":13618,"date":"2012-08-18T02:55:39","date_gmt":"2012-08-18T00:55:39","guid":{"rendered":"http:\/\/www.myza.co.za\/08\/u-s-says-stepping-up-trade-activity-in-africa\/"},"modified":"2012-08-18T02:55:39","modified_gmt":"2012-08-18T00:55:39","slug":"u-s-says-stepping-up-trade-activity-in-africa","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/u-s-says-stepping-up-trade-activity-in-africa\/","title":{"rendered":"U.S. says stepping up trade activity in Africa"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Africa now home to many fast-growing economies<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* China trade with Africa up more 1,400 percent since 2000<\/p>\n<p><span><\/span><\/p>\n<p>* US business feels left out of planning on African trade<\/p>\n<p><span><\/span><\/p>\n<p>By Doug Palmer<\/p>\n<p><span><\/span><\/p>\n<p>WASHINGTON, Aug 17 (Reuters) &#8211; President Barack Obama&#8217;s<br \/>\nadministration, criticized for not doing enough to boost trade<br \/>\nwith Africa in the face of rising competition from China, has<br \/>\ntaken steps in recent months to address those concerns and plans<br \/>\nto do more.<\/p>\n<p><span><\/span><\/p>\n<p>After decades of poor performance, Africa is now home to<br \/>\nsome of the world&#8217;s fastest-growing economies and China has been<br \/>\nsigning contracts to lock in long-term access to the continent&#8217;s<br \/>\nhuge resources.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;Trade and investment is a critical component of the<br \/>\npresident&#8217;s vision for the next five years of U.S. policy<br \/>\ntowards sub-Saharan Africa,&#8221; Deputy U.S. Trade Representative<br \/>\nDemetrios Marantis told Reuters in an interview.<\/p>\n<p><span><\/span><\/p>\n<p>Obama, in a tough race for re-election against Republican<br \/>\nMitt Romney, in June laid out a &#8220;U.S. Strategy Toward<br \/>\nSub-Saharan Africa,&#8221; which touted the continent&#8217;s potential &#8220;to<br \/>\nbe the world&#8217;s next major economic success story&#8221; and promised<br \/>\nto work with the region to free up trade and investment.<\/p>\n<p><span><\/span><\/p>\n<p>But Stephen Hayes, president of the Corporate Council on<br \/>\nAfrica, a U.S. business group, said Obama has not done enough to<br \/>\ninvolve the private sector in planning on Africa.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Africa now home to many fast-growing economies * China trade with Africa up more 1,400 percent since 2000 * US business feels left out of planning on African trade By Doug Palmer WASHINGTON, Aug 17 (Reuters) &#8211; President Barack Obama&#8217;s administration, criticized for not doing enough to boost trade with Africa in the face [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-13618","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/13618","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=13618"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/13618\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=13618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=13618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=13618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}