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NEWS RELEASE 98-088; NOVEMBER 16, 1998 November 16, 1998
News Release 98-088
Inv. No. 332-362

ITC RELEASES FOURTH REPORT ON
U.S.-SUB-SAHARAN AFRICA TRADE

The U.S. International Trade Commission (ITC) today released U.S.-Africa Trade Flows and Effects of the Uruguay Round Trade Agreements and U.S. Trade and Development Policy, the fourth of five annual reports that will assist the President in developing a comprehensive trade and development policy for the countries of Africa, as required by the Uruguay Round Agreements implementing legislation.

The ITC, an independent, nonpartisan, factfinding federal agency, was requested to conduct the investigation by the United States Trade Representative (USTR) under the Africa Policy Section of the Statement of Administrative Action that Congress approved with the Uruguay Round Agreements Act.

As requested by USTR, the ITC's study is limited to the 48 countries of Sub-Saharan Africa. The current report provides an update for 1997 on U.S.-Africa trade and investment flows in major sectors; an identification of major developments in the World Trade Organization (WTO) and in U.S. trade and economic policy and commercial activities that significantly affect bilateral trade and investment with the region; information on changing trade and economic activities within individual countries; and an update on progress in regional integration in Africa. Following are some highlights of the report:

The foregoing information is from the ITC report U.S.-Africa Trade Flows and Effects of the Uruguay Round Trade Agreements and U.S. Trade and Development Policy (Investigation No. 332-362, USITC Publication 3139, October 1998). The report will be available on the ITC's Internet server at www.usitc.gov. A printed copy may be requested by calling 202-205-1809 or by writing the Office of the Secretary, U.S. International Trade Commission, 500 E Street, SW, Washington, DC. 20436. Requests may also be faxed to 202-205-2104.

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