WASHINGTON — President Joe Biden touted relations between the U.S. and African nations Wednesday, addressing a gathering of nearly 50 leaders from the continent and announcing new initiatives to bolster trade.
Speaking at the three-day U.S.-Africa Leaders Summit in Washington, Biden emphasized that Africa is critical to the success of the U.S. and global communities. Multiple crises in recent years such as the Covid-19 pandemic, wars, economic challenges and climate change prove that African countries have played an important role on the world stage, Biden said.
“Each of these crises has only heightened the vital role African nations and people play to address the global challenges that drive our global progress,” Biden said. “We can’t solve any of these challenges without African Leadership at the table.”
The U.S., for example, worked with African nations to distribute millions of doses of vaccines to combat Covid, Biden continued, and invested in the continent’s capacity to manufacture its own vaccines, testing and treatment options.
“The United States is all in on Africa’s future,” Biden said.
The president also said that the U.S. is signing a memorandum of understanding with the secretariat of the African Continental Free Trade Area, a pact that would create a free-trade market, “one of the largest” in the world. The new agreement will help “unlock new opportunities for trade and investment between our countries and bring Africa and United States even closer than ever,” he added.
Biden said the U.S. is investing to facilitate greater regional trade within Africa, including in infrastructure that will help certain nations in the continent to shift from coal-fired power plants to renewable energy sources as well as build solar energy projects and high-speed internet.
“The bottom line is simple,” Biden said. “Trade runs on reliable infrastructure to support and secure resilient supply chains and improving Africa’s infrastructure is essential to our vision of building a stronger global economy that can better withstand the kinds of shocks that we’ve seen in the past few years.”
The last time Washington held such a summit was in 2014 under the Obama administration.
Source: | This article originally belongs to Nbcnews.com
