Tanzanian President’s Trip to the U.S Yields $1 Billion in Investments

Tanzanian President’s Trip to the U.S Yields $1 Billion in Investments (News Central TV)

Tanzania’s President Samia Suluhu Hassan and US Vice President Kamala Harris met on Friday April 15, at the White House in Washington DC , with the two leaders pledging to strengthen bilateral ties and business investments.

The President’s tour which is her second to the United States has generated almost $1 billion dollars in investments from various companies in the US.

Speaking at a briefing, US Vice President Kamala Harris said their deliberations mainly centered on Tanzania’s economic growth.

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Tanzania’s President Samia Suluhu Hassan

“We welcome, of course the attention you are giving to that and the focus of this trip including the focus of investment opportunities in relation to the economy in the area of tourism.”

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She added that President Samia’s visit to the US has generated almost a billion dollars in new investment from companies in the United States.

The investments, she said, will contribute to major economic growth to Tanzania, but in a way also contribute to the economic growth and job creation in the United States as well.

She concluded: “our administration is deeply committed to strengthening the ties with Tanzania and African countries in general. This is an area of intentional focus.”

President Samia congratulated the US Vice President for becoming the first woman to hold that office just as the case has been with her.

“This is the first time we are meeting since assumption of office, I would like to congratulate President Joe Biden and yourself  Madam Kamala and the Democratic Party for the victory during the general election held in 2020. We in Tanzania closely followed that election because for the first time there was a woman contesting for the vice presidency, so we were very inspired,” she said

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The visit to the White House in Washington DC, comes exactly 60 years since Tanzania’s founding Father Julius Nyerere visited President John F Kennedy in 1962.

On human rights, rule of law and democracy she said:  “Tanzania has made commendable strides in these areas as we have mentioned and we are committed to taking deliberate measures to ensure inclusion, coercion, unity and respect to all Tanzanians.”

Regarding trade she said she was positive about the prospect of promoting further trade and investment for mutual benefit of the two countries.

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