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US to Reorient Trade Deals, Aid to Africa


Friday, 14 December 2018 11:09 WIB

Global


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The Trump administration has unveiled a new strategy toward Africa, saying that U.S. interests and priorities must come first in all dealings with the continent.

U.S. National Security Adviser John Bolton outlined at the new strategy in Washington Thursday.

He said trade and commercial ties must benefit both the U.S. and African countries. And he said the U.S. will no longer provide "indiscriminate aid" and will no longer support "unproductive, unsuccessful and unaccountable U.N. peacekeeping missions."

"We will target U.S. funding toward key countries and particular strategic objectives. All U.S. aid on the continent will advance U.S. interests, and help African nations move toward self-reliance," Bolton told an audience at the Heritage Foundation, a conservative think tank.

Part of Bolton's speech dealt with China, which has invested tens of billions of dollars in Africa over the past decade, much of it on large-scale infrastructure projects.

Bolton said China is using big loans and opaque agreements to make Africa "captive to Beijing's wishes and demands." He singled out cases in Zambia and Djibouti where he said Chinese enterprises are set to take over a state power company and a key port, respectively.

Bolton said that in contrast, the U.S. will pursue bilateral trade agreements with African countries that help support American jobs and expand access for U.S. exports, while promoting sustainable growth in Africa.

Source : VOA


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