The U.S. government says it will embark on a global entity of trade enterprise with African nations, including South Africa and Ghana, but it is sceptical about Nigeria due to the country’s foreign currency rate barrier.
The United States Department of Commerce, International Trade Administration (ITA) disclosed this in a statement published on the U.S. government federal register in February.
According to the statement, the ITA will be responsible for recruiting, organising and implementing the global trade mission between August 6-15, 2023.
The U.S. government explained that after its mission in South Africa, it would move to Ghana, a West African nation, where its mission would participate in a prearranged Business to Business (B2B) meeting manufacturing facilities in ICT and safety and security sectors.
It, however, said its mission would not be discussing business with Ghanaian automotive imports, given the government’s recent regulations imposing additional tariffs on…