United States eyeing more collaboration with developing economies

JOHANNESBURG - Amid fears US trade with Africa is on the decline United States trade representative Katherine Tai says the global superpower is eyeing more collaboration with developing economies.

Tai made the comments during the AGOA forum in Washington DC where US officials are meeting with leaders from the African continent to talk shop.

The renewal and extension of the Africa Growth and Opportunity Act (AGOA) are on the table ahead of the 2025 expiration date.

Tai says the US is not in the business of gatekeeping trade.

“I know that our African partners share a vision around more inclusive, sustainable, durable trade policies that inform economic growth, opportunities, and and industrialisation. We all want the same things; we all want our people to flourish – not just those at the top but all of our people. We all want to build our economies from the middle out and from the bottom up.”