The Chicago Council on Global Affairs last week released recommendations on how U.S. trade policy could advance food security in Africa and position American businesses to tap a burgeoning African agriculture and food market, which is expected to reach $1 trillion by 2030.
The report, Grow Markets, Fight Hunger: A Food Security Framework for U.S.-Africa Trade Relations, presents evidence that an effort by the United States focused on bolstering regional trade and harmonizing food standards and regulations across countries would drive economic growth while improving the availability and affordability of nutritious foods throughout Africa.
“This year, the U.S. government is working to complete two landmark trade agreements and renew Trade Promotion Authority and the African Growth and Opportunity Act (AGOA),” said Ivo H. Daalder, president of The Chicago Council on Global Affairs. Read more. Source | Vanguard