Obama, US Trade Over Aid Please, Africa

Wednesday, 3 July, 2013

President Obama of the Untied States of America is visiting Africa and while trade is worth considerably more to Africa than Aid, Aid is what they got with a warning not to trust countries building projects in Africa that don’t benefit Africans. Who could that be, big red flag anyone? The question it raises is influence and participation in Africa by Western countries at a time when many economies are in serious trouble or crippled. The heads of the US and Europe answer, mostly, to electorates who want to see a jobs, manufacturing, energy focus at home. Due to the PRC system of Government they are afforded a longer view in Beijing as to securing influence for long-term commodities supply. Could more “influence” and good be done by Western Governments giving tax breaks/incentives for private companies operating in parts of the world, such as sub-Saharan Africa,  to those engaging in useful CSR programmes?“In 2012, Beijing committed an additional $20 billion in loans to African countries — gaining more access to Africa’s natural resources.  Chinese investments have paid off, with trade volume growing from $9 billion in 2000 to more than $150 billion in 2012. U.S. trade, meanwhile, remains at $95 billion. Mr. Obama’s trade policy has a long way to go to catch up.”http://www.internationalpolicydigest.org/2013/07/03/obamas-missed-opportunity-in-africa/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+internationalpolicydigest+%28International+Policy+Digest%29