-Caveat Lector-

Institute for Public Accuracy
915 National Press Building, Washington, D.C. 20045
(202) 347-0020 * http://www.accuracy.org * [EMAIL PROTECTED]
___________________________________________________

Thursday, July 15, 1999

TRADE ISSUES: AFRICA, AGRICULTURE

There have been a number of developments on trade issues this week: The World
Trade Organization ruled on the European Union�s ban on U.S. hormone-injected
beef, the Secretary of Agriculture made a speech on genetically modified foods
and the House is set to vote on major Africa trade legislation. Among the
analysts available to discuss these issues are:

LORI WALLACH,  [EMAIL PROTECTED], www.citizen.org
Director of Public Citizen�s Global Trade Watch, Wallach said: �The House is
about to vote on legislation that a coalition of oil companies dubbed the
�African Growth and Opportunity Act.� It certainly does nothing to help Africa
grow or expand its opportunities, although it is full of special perks for
foreign corporations. In exchange for modest new rights to import textiles and
apparel, the bill requires African nations to mortgage their future by slashing
public investment in health and education, cutting corporate taxes, removing
hunger-fighting price supports, and opening Africa�s natural resources to
foreign exploitation. Our other trade agreements don�t impose harsh conditions
on trading partners; neither should agreements with Africa.�

NJOKINJOROGE NJEH�, [EMAIL PROTECTED],www.50years.org
Director of the 50 Years Is Enough Network, Njeh� said: �If the African Growth
and Opportunity Act becomes law it will take away sub-Saharan Africa�s right to
determine her own destiny. The bill mandates that countries adhere to more of
the same flawed IMF austerity programs in order to qualify for trade benefits
with the United States. The benefits would flow to a few U.S. corporations,
while the vast majority of African people would be disempowered and hindered
from developing or benefitting from Africa�s great potential and resources.
This is outrageous and unacceptable. Continuing to bleed Africa of her
financial resources when the health, social development, and future of her
people are at great risk is not only hopelessly immoral -- it is also a
grievously short-sighted way to treat a trading partner.�

KRISTIN DAWKINS, [EMAIL PROTECTED], www.iatp.org
A program director at the Institute for Agriculture and Trade Policy, Dawkins
said: �The U.S. is demanding that the Europeans buy beef with artificial growth
hormones and the Europeans are adamantly opposed to that. A virtually identical
stand-off is shaping up around the issue of genetically engineered foods. If a
small number of countries succeed in pushing deregulatory policy through the
WTO, it will show the undemocratic nature of the WTO and fly in the face of
overwhelming popular demand for healthy foods on both sides of the Atlantic.�

For more information, contact at the Institute for Public Accuracy:
Sam Husseini, (202) 347-0020; David Zupan, (541) 484-9167

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