Senator Chuck Grassley Responds to African Trade Concerns
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Wednesday night, after reading an article in The Washington Trade Daily about new U.S policies towards improving trade with Africa, I called into the television show “Ask Your Senator” featuring Senator Chuck Grassley (IA) to hear the senator’s opinion on the issue.
The article mentioned how it is essential for Africa to rebound quickly from declining trade flows during this period of economic shortcomings. On Wednesday, the assistant US trade representative for Africa, Florizelle Liser, launched a new initiative to encourage more US investment in Africa. I asked Senator Grassley specifically about what opportunities, especially in trade, he sees for Africa moving forward into the future.
Senator Grassley responded by stating that he has worked twice on free trade bills that encourage investments in Africa by reducing barriers on imports. He believes that this legislation is the framework for future investments in Africa because it gives them the ability to sell their products effectively.
-Abbey Moffitt, Iowa ONE Member
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May 26, 2009 at 12:30 pm
This is what Dambisa Moyo is talking about in her book “Dead Aid”. Africa needs more trade and capitalism with the G20 and less government-to-government aid. Her approach is too aggressive but her point is well noted.
Let’s face it: it is difficult to do trade with people who need basic human resources first such as food, shelter, medical care, etc.