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Nov 30, 2010
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US proposes new trade deal with East Africa bloc

The United States has proposed a new trade deal with the East African Community (EAC) common market, underscoring the growing interest of American businesses in investing in Africa, a senior adviser to President Barack Obama said on Wednesday.

Froman said the proposal by Obama for a new trade deal was meant to encourage this trend and support further EAC integration. The deal would seek to guarantee American investors that they would be treated fairly and that their investments would be secure.

Zaidi hapa US proposes new trade deal with East Africa bloc | Top News | Reuters

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