Press Realese Nigeria . 18-May-2011

PRESIDENT Barack Obama of the United States of America is pursuing a unique trade policy with Africa by engaging African governments and partners about new ways to resolve old trade barriers, create better customs practices, and facilitate job-supporting trade for both Americans and Africans.

According to the Deputy U.S. Trade Representative Amb. Demetrios Marantis, who made this disclosure in a statement released yesterday by the U.S. government, there are also various country-specific issues that the U.S. is working with different African nations.

For instance in Nigeria, the U.S. government is engaged with the Federal Government on the issue of “protecting intellectual property rights in Nigeria.”

The U.S. Deputy Trade Representative disclosed that the U.S. had set up a Trade and Investment Framework Agreements (TIFAs) with 12 African countries and regional economic communities, which “provide for broad, substantive dialogue on all aspects of our trade and investment relationship, bringing in agencies and ministries across our governments.”

According to him, through TIFA, the U.S. and African nations have been meeting and discussing and “each discussion is an opportunity to resolve trade barriers, work toward better customs practices, and facilitate job-supporting trade for both sides, from protecting intellectual property rights in Nigeria, to increasing U.S. beef exports to Mauritius, to resolving commercial disputes in Ghana.”

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