On November 22, 2024, the inaugural session of the U.S.-Senegal Joint Economic Commission took place in Washington, D.C., marking a significant step in strengthening economic ties between the two nations. The U.S. delegation, led by Deputy Secretary of State Kurt Campbell, and the Senegalese delegation, headed by Foreign Minister Yacine Fall, convened to discuss key areas of mutual interest and promote bilateral economic cooperation.
The Commission embodies the shared vision of the United States and Senegal to advance investment opportunities, foster business partnerships, and stimulate sustainable economic growth. Both parties reaffirmed their commitment to deepening bilateral economic and commercial cooperation, highlighting the importance of economic reforms and a robust private sector as catalysts for growth.
The session featured discussions on critical areas such as agricultural cooperation, promoting a sustainable blue economy, strengthening technology partnerships, and addressing barriers to trade and investment to create more opportunities in both countries. The delegations emphasized the importance of implementing commitments made during these dialogues and agreed to follow up through diplomatic channels to ensure progress.
The U.S. delegation commended Senegal for its efforts in improving transparency in public finance management and its cooperation with the International Monetary Fund (IMF). These reforms have laid a solid foundation for further economic development, and the U.S. reaffirmed its support for Senegal’s continued engagement with the IMF and international partners.
The Commission brought together senior officials from various U.S. agencies, including the Departments of State, Agriculture, Commerce, Treasury, USAID, the Millennium Challenge Corporation, and the U.S. International Development Finance Corporation. On the Senegalese side, representatives included officials from the Ministries of African Integration and Foreign Affairs, Finance, Agriculture, Fisheries, Communication, Telecommunication, and Digitalization, Energy, Petroleum and Mines, as well as the Agency for the Promotion of Investments and Major Works.
In a show of commitment to sustained dialogue, the delegations agreed to hold the second session of the U.S.-Senegal Joint Economic Commission in Senegal. This decision underscores the determination of both nations to build a long-term partnership that delivers tangible benefits for their citizens.
The U.S.-Senegal Joint Economic Commission serves as a testament to the enduring ties between the two countries, paving the way for a future of shared prosperity and enhanced cooperation.
