PANAFRICANA MUNDIAL
Conferencia de Comercio e Inversión

MEMORANDUM OF UNDERSTANDING ON COOPERATION FOR TRADE AND INVESTMENT BETWEEN THE AFRICAN CONTINENTAL FREE TRADE AREA SECRETARIAT AND THE GOVERNMENT OF THE UNITED STATES OF AMERICA

PREAMBLE

 

 

The African Continental Free Trade Area Secretariat (AfCFTA) Secretariat and the Government of the United States of America (hereinafter referred to as “the Participants”):
 

Noting the adoption and entry into force of the Agreement Establishing the African Continental Free Trade Area (AfCFTA Agreement) and the operationalization of the AfCFTA Secretariat as an autonomous entity within the structure of the African Union (AU);
 

Seeking to exchange experiences and promote cooperation on the development and implementation of sustainable digital trade for AU Member States, taking special consideration of the interests of workers, micro-, small-, and medium-sized enterprises, women-owned businesses, and underserved groups;
 

Desiring to promote more effective cooperation through a regular and robust exchange of information on best practices and lessons learned, and organize other joint activities;
 

Recognizing the mutual interest in the promotion of inclusive sustainable development, and the continental integration goals of African economies;
 

Exploring opportunities through trade and investment policy to collaborate in the economic advancement of women, youth, and underserved groups;
 

Supporting the shared goals of the AfCFTA and the African Growth and Opportunity Act (AGOA) program, which include promoting both economic policies to reduce poverty and regional economic integration through encouraging trade among African countries;
 

Desiring to encourage and facilitate contacts between civil society organizations, diaspora populations, and private sector groups in Africa and in the United States; and
 

Desiring to enhance efforts to increase continental trade and investment within the AfCFTA through greater collaboration between African and U.S. companies, especially micro-, small- and medium-sized enterprises, in regional value chains;

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