The roundtable built on the achievements from the CEO regional integration roundtable Secretary Pritzker co-chaired with President Kagame in January 2016 during her trip to Africa with members of the President’s Advisory Council on Doing Business in Africa (PAC-DBIA). Secretary Pritzker facilitated yesterday’s discussion aimed at accelerating regional integration through practical and actionable private sector driven proposals in the areas of travel and tourism, agribusiness technology, and infrastructure. The East African leaders agreed to support these proposals, which are critical steps to expanding the bilateral trade and investment relationships between their respective countries and with the United States.
The impact of the travel and tourism sector on the economic and social development of a country can be enormous. Given this, Secretary Pritzker facilitated an agreement among the East African leaders and the U.S. Departments of Commerce and State to launch an annual rotating U.S.-East Africa Travel and Tourism Dialogue to promote East Africa as a top global travel and tourism destination and support the growth of new partnership opportunities for U.S. and East African companies in this sector.
While East African countries are exploring many exciting travel and tourism initiatives, agriculture remains the backbone of many African economies, and the sector has not reached its full potential During today’s roundtable, the East African leaders agreed to launch the pilot in Kenya and scale it across the other East African countries. At the same time, they recognized that a more holistic approach to agribusiness development is necessary. As a result, Secretary Pritzker tasked the U.S. Department of Commerce to work with partner agencies to develop a comprehensive and data driven approach to address production, productivity and value added challenges.
Similarly, interconnected infrastructure is essential to realizing East Africa’s economic potential, and would significantly improve regional integration and the growth of intra-regional and global trade. East African leaders and Secretary Pritzker agreed to work together to address challenges in building large-scale infrastructure, with the goal of convening an Infrastructure Summit with U.S. investors and companies across the infrastructure value chain focused on specific projects in the critical areas of electricity, transport and water infrastructure.
For more information on the three proposals, please see our fact sheet.