Establishing the President's Advisory Council on Doing Business in Africa
Headline: Creates Advisory Council to Boost Business Between United States and Africa
What it does: The Secretary of Commerce must create and run an advisory council of private-sector members to advise the President on expanding trade and investment between the United States and Africa.
- Encourages United States companies to pursue trade and investment opportunities in Africa.
- Creates unpaid advisory roles for up to 15 private-sector leaders.
- Commerce Department must provide administrative support within existing appropriations.
Summary
This order requires the Secretary of Commerce to set up a private-sector advisory council within 180 days to advise on expanding trade and investment between the United States and Africa. The council will include up to 15 corporate members from small businesses and industries such as infrastructure, agriculture, consumer goods, banking, and services; members will serve without pay and the Commerce Department will provide administrative support within existing appropriations. The council's advice aims to help United States companies find African markets, create jobs in both regions, and strengthen commercial partnerships and financing.
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