The American delegation praises Senegal’s efforts in terms of transparency in the management of public finances and its cooperation with the International Monetary Fund (IMF).
On November 22, 2024, the inaugural session of the United States-Senegal Joint Economic Commission was held in Washington, DC, marking an important milestone in strengthening economic ties between the two nations. The U.S. delegation, led by Assistant Secretary of State Kurt Campbell, and the Senegalese delegation, led by Foreign Minister Yacine Fall, met to discuss areas of common interest and promote bilateral economic cooperation.
The Commission embodies the shared vision of the United States and Senegal to expand investment opportunities, foster business partnerships, and stimulate sustainable economic growth. Both sides reaffirmed their commitment to deepening bilateral economic and trade cooperation, emphasizing the importance of economic reforms and a dynamic private sector as engines of growth.
The session discussed key areas such as agricultural cooperation, promoting a sustainable blue economy, strengthening technology partnerships and removing barriers to trade and investment to create more opportunities in both country. Delegations stressed the importance of implementing the commitments made during these discussions and agreed to follow up these efforts through diplomatic channels to ensure concrete progress.
The American delegation praised Senegal’s efforts in terms of transparency in the management of public finances and its cooperation with the International Monetary Fund (IMF). These reforms laid a solid foundation for increased economic development, and the United States reaffirmed its support for Senegal’s continued engagement with the IMF and other international partners.
The Commission brought together senior officials from various U.S. agencies, including the Departments of State, Agriculture, Commerce and Treasury, USAID, the Millennium Challenge Corporation and the American International Development Corporation. On the Senegalese side, representatives included officials from the ministries of African Integration and Foreign Affairs, Finance, Agriculture, Fisheries, Communication, Telecommunications and Digitization, Energy, Oil and Mines, as well as the Agency for the Promotion of Investments and Major Works.
In the spirit of continued dialogue, delegations agreed that the second session of the United States-Senegal Joint Economic Commission will be held in Senegal. This decision underlines the determination of the two nations to build a long-term partnership bringing concrete benefits to their citizens.
The U.S.-Senegal Joint Economic Commission is a testament to the enduring ties between the two countries, paving the way for a future of shared prosperity and enhanced cooperation.
