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US-SADC trade and aid agreement

The United States government and the Southern African Development Community (SADC) have signed a US $2 million agreement through which Washington will help stimulate trade, monitor HIV/AIDS, and help manage the region's environment. A statement released by the US state department on Thursday said the agreement, signed in September was part of follow-up activity to a joint forum in April aimed at increasing trade and investment in southern Africa. Under the agreement, a commercial law development program will provide training from the U.S. Department of Commerce to assist SADC in creating the laws necessary to attract investors and thus new employers to southern Africa, it said.

This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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