Showing posts with label CHAD ECONOMY. Show all posts
Showing posts with label CHAD ECONOMY. Show all posts

Friday, July 27, 2012

U.S.-CHAD RELATIONS

Map Credit:  U.S. State Department.
FROM:  U.S. STATE DEPARTMENT
The United States established diplomatic relations with Chad in 1960, following its independence from France. Relations between the United States and Chad are good. Chad is emerging from half a century of regionalized conflict and internal turmoil, and it has the potential to lay foundations for better governance and development. A 2010 peace agreement with Sudan continues to hold, and Chad currently enjoys relative stability; however, the risk of spillover of tensions from Libya, the Central African Republic, and Nigeria remains. Chad ranked 183rd out of 187 countries in the 2011 United Nations Development Program Human Development Index and is one of the most food-insecure countries in the world. The Chadian Government is taking steps to improve infrastructure and foster stability. The United States continues to encourage Chad to advance good governance.

U.S. Assistance to Chad
U.S. interests in Chad include continued provision of humanitarian assistance to Sudanese and Central African Republic refugees and internally displaced persons in eastern Chad; continued Chadian commitment to efforts to reinforce regional stability and security; continued Chadian progress toward deepening democratization, including promotion of human rights and the rule of law; more responsible public-revenue management to promote sustainable socio-economic development; and continued U.S.-Chadian cooperation on regional and international counterterrorism efforts. The U.S. Government utilizes a combination of global, multilateral, regional, and bilateral programs, along with diplomacy, to achieve its goals in Chad. U.S. bilateral foreign assistance priorities for Chad focus on professionalizing the Chadian military and improving food security and maternal health. There is no U.S. Agency for International Development mission or Peace Corps program in Chad.

Bilateral Economic Relations
Chad is eligible for preferential trade benefits under the African Growth and Opportunity Act. Chad's exports to the United States are dominated by oil, while imports from the United States include machinery, plastics, and cereals. The United States is a leading investor in Chad, largely through the Chad-Cameroon petroleum pipeline project. The United States does not have an investment treaty or a bilateral tax agreement with Chad.

Chad's Membership in International Organizations
Chad and the United States belong to a number of the same international organizations, including the United Nations, International Monetary Fund, World Bank, and World Trade Organization.

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