Togolese President attends Leaders Summit in Washington on Biden’s invitation

Economic governance
Tuesday, 13 December 2022 14:53
Togolese President attends Leaders Summit in Washington on Biden’s invitation

(Togo First) - Faure Gnassingbe, the President of Togo is currently in Washington, US. Invited by Joe Biden, the Togolese leader represents his country at the Leaders Summit which is taking place in the American capital on December 13, 14, and 15. The Togolese presidency disclosed the news on December 12, 2022.

"This high-level international meeting takes place in a particular global context, marked by economic, health, and security crises. The participants will reflect together to adjust the priorities of cooperation in the face of contemporary challenges that affect all countries,” the presidency wrote in its statement.

The meeting should pave the way for a stronger partnership between Togo and the US, one “which will be based on common values of peace, democracy, human rights, and development.”

Around 50 African delegations are expected at the Summit. While this meeting will give African leaders an opportunity to discuss their concerns and needs, it should enable the United States to grow its influence in Africa, at a time when the competition–commercial and geopolitical–with other powers like Russia and China is getting tougher in this part of the world.

A business forum in the US

During the event, the Togolese delegation will also work to bolster its partnership with American businesses. “On the sidelines of the Leaders Summit, the Togolese delegation will participate in a business forum designed to promote the commercial partnership between the United States and African countries”, the Togolese presidency said.

Togo, like it has been doing with other countries in recent years, will use this opportunity to explore its foreign investment options in the US.

"Increasing investment flows, promoting innovation, digital transformation, food security, and climate sustainability will be among other topics to be discussed during the panels" the same source added.

The day before the Summit opened, the Biden administration announced that the US would commit $55 billion to Africa over the next three years.

Ayi Renaud Dossavi

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