ICYMI: Senator Coons writes op-ed on creating jobs in US by increasing trade with Africa
Senator Chris Coons, chair of the Senate Foreign Relations Subcommittee on African Affairs, published an op-ed in the News Journal on Thursday highlighting the opportunity to improve Delaware’s economy by expanding trade with Africa.
When American businesses sell their products in Africa, they grow and create jobs in their offices, headquarters and factories here at home. Nearly 10 million American jobs are supported by exports – including well over 11,000 in Delaware – and every billion dollars of U.S. exports could create as many as 5,000 new jobs. So it is in our economic interest to dramatically scale up our economic engagement with Africa. If we don’t, our international competitors will – and in some cases, they already have. At a meeting about U.S. export opportunities, an African head of state told me that while they “would prefer to work with the United States, the Chinese are already here.”
We cannot allow our competitors in the global economy to lock American companies out of fast-growing African markets, which have as many as 900 million potential consumers. Large and small businesses in Delaware, from DuPont-Pioneer to Baltimore Air Coil, based in Milford, are already selling their goods and services to African customers, but we have to do more to provide the tools and resources they need to succeed.
Click here to read the op-ed on the News Journal’s website.
Click here to learn more about Chris’ work on Africa.