Loading ...
Sorry, an error occurred while loading the content.

Congo, Gambia eligible for trade benefits

Expand Messages
  • jonathonwithano
    President declares Gambia and the Congo eligible for trade benefits CRAWFORD, Texas (AP) — President Bush has deemed two additional African countries —
    Message 1 of 1 , Jan 5, 2003
    • 0 Attachment
      President declares Gambia and the Congo eligible for trade benefits
      CRAWFORD, Texas (AP) — President Bush has deemed two additional African
      countries — Gambia and the Congo — eligible for trade benefits under
      the 2-year-old African Growth and Opportunity Act.
      The law gives many nations duty and quota access to the U.S. market and
      encourages multinational corporations to invest in Africa.
      Bush is required to determine annually which countries are making
      progress toward a market-based economy, the rule of law, free trade,
      economic policies that will reduce poverty, and protection of workers'
      rights.
      With the two additions, a total of 38 sub-Saharan African nations can
      receive tariff preferences, White House deputy spokeswoman Claire
      Buchan said Saturday.
      Congo's benefits will be activated when it forms a transitional
      government, expected in February, Buchan said. A cease-fire agreement
      signed on Dec. 30 commits the government of Congolese President Joseph
      Kabila and rebel groups to a transitional government to lead the nation
      to democratic elections in about 2 1/2 years.
      The other countries are: Benin; Botswana; Cameroon; Cape Verde; Central
      African Republic; Chad; Republic of the Congo; Cote d'Ivoire; Djibouti;
      Eritrea; Ethiopia; Gabon; Ghana; Guinea; Guinea-Bissau; Kenya; Lesotho;
      Madagascar; Malawi; Mali; Mauritania; Mauritius; Mozambique; Namibia;
      Niger; Nigeria; Rwanda; São Tome and Principe; Senegal; Seychelles;
      Sierra Leone; South Africa; Swaziland; Tanzania; Uganda; and Zambia.
    Your message has been successfully submitted and would be delivered to recipients shortly.