Representatives Sheila Cherfilus-McCormick and Jonathan Jackson have proposed the ASTIP to bolster USA-Africa trade ties. The law aims to support AfCFTA, fostering prosperity, employment, and enhancing relations. Investing in Africa offers mutual opportunities.
“ASTIP is aimed at supporting the implementation of the AfCFTA, creating a mutually beneficial partnership between Africa and the U.S. This partnership will promote prosperity, create long-term job opportunities on both continents, and preserve democracy and peace,” said Congresswoman Sheila Cherfilus-McCormick. “This bill establishes a framework for negotiating high-standard commitments to achieve economic outcomes, involving the African diaspora, women, and youth. ASTIP will go beyond the progress made under the Africa Growth of Opportunities Act (AGOA), providing strong support for Africa’s economic integration and reinforcing its trade relations with the U.S.”
“This bill demonstrates our strong partnership and commitment to Africa’s sustainable development. Investing in Africa’s growth provides more business opportunities for both Africa and the U.S. and solidifies our mutual interests – a strong and prosperous Africa.” said Congressman Jonathan L. Jackson.
