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ANE Regional Activities
>> Regional Overview >> ANE Regional Activities Overview ACTIVITY DATA SHEET
PROGRAM: Asia and the Near East Regional
TITLE AND NUMBER: North Africa Regional Trade and Investment Initiative, 498-003*
STATUS: Continuing
PLANNED FY 2001 OBLIGATION AND FUNDING SOURCE: None.
PROPOSED FY 2002 OBLIGATION AND FUNDING SOURCE: None.
INITIAL OBLIGATION: FY 2000 ESTIMATED COMPLETION DATE: FY 2001Summary: The United States has a strong strategic interest in the stability and prosperity of North Africa. Instability there could threaten many key allies and disrupt the flow of vital natural resources to the U.S. The goal of the North Africa Trade and Investment Initiative is to increase sustainable economic growth in the region and expand United States trade and investment in North Africa. The Initiative is a multi-agency effort to address the legal, policy and regulatory constraints to increasing trade and investment in North Africa. Assistance will include short-term expert consulting and workshops for public and private sector entities in North Africa-primarily Morocco, Tunisia, and Algeria (the Maghreb region). The beneficiaries will be local industries and industry associations, foreign investors, and host country government institutions.
Key Results: The expected results are reforms in regulations, procedures and policies that improve the trade and investment climate in North Africa, and the establishment of an Internet-based network to match business opportunities in North Africa with businesses in the U.S. These results should lead by the end of the activity to increased trade among the three Maghreb countries and with the United States. Work is underway in Morocco, Tunisia, and Algeria to strengthen commercial law, promote U.S.-Maghreb university partnerships, provide business training, develop debt markets, and promote the development of internet and communications technologies. Internet connections between Chambers of Commerce in the Maghreb and U.S. businesses have been established through USAID's Global Technology Network.
Performance and Prospects: Activities undertaken in FY 2001 will include efforts to improve the investment climate in Morocco via continued work to rationalize access to land and restructure the tourism sector. In Algeria, efforts will focus on helping to prepare the country for accession to the World Trade Organization. In Tunisia, funding will support training and university linkages, and continued operation of the Global Technology Network. Support for development of Internet and communications technologies will continue in all three countries.
Possible Adjustments to Plans: Starting in FY 2001, funds will be obligated and activities will be reported under the new regional objective "Encourage Economic Growth" (498-023).
Other Donor Programs: The World Bank and European Union have large programs dedicated in part to improving conditions for trade and investment in the three Maghreb countries. The largest World Bank program will be in Morocco, where a $500 million multi-sector Policy Reform Adjustment Program and a sector-specific adjustment program are planned for joint World Bank and African Development Bank financing. This program will begin with a $200 million telecommunications reform package. World Bank assistance in Tunisia includes funding for foreign investment promotion, service sector liberalization, and export development. In Algeria, the World Bank is preparing studies to promote privatization. The European Union has an extensive program to improve ties with the Maghreb, through agreements that may lead to a Euro-Mediterranean Free Trade Area by the year 2010. USAID will coordinate activities with other development partners to promote favorable conditions for private sector investors and to assure that U.S. businesses are not disadvantaged.
Principal Contractors, Grantees, or Agencies: In addition to a large number of existing USAID Global Bureau pre-qualified contractors, consultants from U.S. agencies such as Customs, Commerce, and Treasury will be utilized to provide short-term technical assistance.
*According to the FY 2001 Department of State Congressional Presentation, this activity is budgeted under "U.S.-North Africa Partnership."
Selected Performance Measures:
Actual
(2000)Target
(2001)Target
(2002)Maghreb-US private sector business linkages developed through the Global Technology Network 1 5 8 Increase in volume of trade between U.S. and the Maghreb 1% 2% 2% U.S. Financing
(In thousands of dollars)
Obligations Expenditures Unliquidated Through September 30, 1999 0 DA 0 DA 0 DA 0 CSD 0 CSD 0 CSD 0 ESF 0 ESF 0 ESF 0 SEED 0 SEED 0 SEED 0 FSA 0 FSA 0 FSA 0 DFA 0 DFA 0 DFA Fiscal Year 2000 1,000 DA 0 DA 0 CSD 0 CSD 5,000 ESF 0 ESF 0 SEED 0 SEED 0 FSA 0 FSA 0 DFA 0 DFA Through September 30, 2000 1,000 DA 0 DA 1,000 DA 0 CSD 0 CSD 0 CSD 5,000 ESF 0 ESF 5,000 ESF 0 SEED 0 SEED 0 SEED 0 FSA 0 FSA 0 FSA 0 DFA 0 DFA 0 DFA Prior Year Unobligated Funds 0 DA 0 CSD 0 ESF 0 SEED 0 FSA 0 DFA Planned Fiscal Year 2001 NOA 0 DA 0 CSD 0 ESF 0 SEED 0 FSA 0 DFA Total Planned Fiscal Year 2001 0 DA 0 CSD 0 ESF 0 SEED 0 FSA 0 DFA Future Obligations Est. Total Cost Proposed Fiscal Year 2002 0 DA 0 DA 1,000 DA 0 CSD 0 CSD 0 CSD 0 ESF 0 ESF 5,000 ESF 0 SEED 0 SEED 0 SEED 0 FSA 0 FSA 0 FSA 0 DFA DFA 0 DFA
The FY 2001 and future activities and funding related to this SO have been moved to SO 498-023.
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Last Updated on: May 29, 2002 |
