TRALAC - Trade Law Centre

New global-competitiveness hub for Gaborone

Monday, 05 May 2003

Source: Engineering News

Assistant US Secretary of State for African Affairs Walter H Kansteiner III will join Botswana's Minister of Trade and Industry, Jacob Nkate, as well as business leaders from countries throughout southern Africa, on May 8, to officially dedicate the Southern Africa Global Competitiveness Hub.

US Ambassador to Botswana Joseph Huggins will host the event at the Hub facilities in Gaborone.

The US Agency for International Development's (USAID) Regional Center for Southern Africa (RCSA) established the trade hub in 2002 as part of the US government's Trade for Africa Development and Enterprise (Trade) Initiative.

The Hub enables Southern African countries to benefit from expansion of trade opportunities with the US through the African Growth and Opportunity Act (AGOA) and elsewhere through other global trade initiatives.

Through the Hub, technical assistance is being provided to Southern African governments, the region's private sector, the Southern African Development Community (SADC) and regional business service organisations.

On May 8, Southern African and US business partners who have received assistance from the trade hub will present their success stories. The official opening will be followed by a symposium on ‘Competing in the Global Market Place’.

“As Secretary of State Colin Powell has stated, this administration hopes to send a message about the direction we wish the US-Africa relationship to take. And that direction is forward, forward with a new spirit of partnership, a partnership that comes from a shared commitment to freedom, free people and free markets,” said Kansteiner.