摘要: |
This is the fourth annual report in a 5-year series requested by the U.S. Trade Representative. The report provides for 1997: (1) data on total U.S.-Sub-Saharan Africa trade and investment flows by selected major sectors and regional groupings; (2) 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; (3) information on changing trade and economic activities within the individual countries; and (4) an update on progress in regional integration in Africa.
In 1997, as it did the previous year, Sub-Saharan Africa accounted for about 1 percent of U.S. merchandise exports and 2 percent of U.S. merchandise imports. U.S. merchandise exports to the region totaled $6.1 billion in 1997, up only slightly from $6.0 billion in 1996. U.S. imports rose to$16.0billionin 1997, representing about 1.9 percent of the United Slates’ total merchandise imports of $862 billion. The U.S. merchandise trade deficit with Sub-Saharan Africa rose 9 percent to $9.9 billion. U.S. gross direct investment flows to Sub-Saharan Africa more than quadrupled in 1997 to $3.8 billion. Yet U.S. investment to the region amounted to only about 3.3. percent total U.S. direct investment abroad in 1997. U.S. investment is concentrated primarily in the petroleum sectors in Nigeria and Angola.
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