Deputy U.S. Trade Representative Demetrios Marantis will participate in the 19th World Economic Forum (WEF) in Africa, in Cape Town, South Africa, from June 10-12, 2009.
Under the theme "Implications of the Global Economic Crisis for Africa," world leaders passionate about the future of the continent will come together to address strategic challenges that require multistakehoder solutions that lead to sustainable development in Africa.
Ambassador Marantis will participate in a number of sessions at the WEF on Africa, including a session on the World Trade Organization's (WTO) Doha round titled "Beyond Doha - Economic Nationalism or Open Market Policy" and another session on US-Africa trade relations titled "A New Era of US-Africa Relations?"
Ambassador Marantis will also hold a press conference on Thursday, June 11 at 2 p.m. During the press conference, Ambassador Marantis will provide his perspective on key topics raised in the WEF on Africa sessions, including the impact of the global economic crisis on Africa and the role that the WTO's Doha Agreement could play in reversing the global economic downturn. He will also provide an overview of President Obama's trade policy and the current state of U.S.-Africa trade relations, including trade under the African Growth and Opportunity Act (AGOA).