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Mr. COONS. Mr. President, I have never been more optimistic about Africa and about the potential for a U.S. partnership with Africa than I am today.
Every year I host a conference in my home State of Delaware called ``Opportunity: Africa'' that brings together Delawareans and Africans, leaders from across our country and from the continent interested in building and strengthening new ties. Every year it has grown in participation, in the scope of issues we have looked at, and in the number of Delaware businesses interested in the opportunities in this continent of 54 countries. At this past March's conference, President Clinton delivered the keynote.
The hunger to build new relationships between business, government, the faith community, and those in the African diaspora is undeniable. What is required of us is to think anew and dedicate ourselves to building partnerships of mutuality and that last. In this Chamber that will mean passing a reauthorized African Growth and Opportunity Act that does more to encourage and facilitate real two-way trade than the current law and to take up and pass the bipartisan Power Africa law that will strengthen investment in infrastructure and in electricity across the continent.
Next week it means coming together with Africa's government and business leaders to forge new relationships built on mutual respect and the opportunities we share.
I urge my colleagues and my friends throughout the business community to seize this opportunity and focus on the bright future it could create. An Africa that trades with us, that can defend itself, that can secure itself, and that empowers its citizens is the Africa we see, and that is an Africa which we in the United States are uniquely suited to help its people build. We have already built a powerful foundation for partnership through our investments in public health and education, clean water, democracy, and good governance.
After 50 years in the Peace Corp and more than a decade of PEPFAR--President Bush's groundbreaking commitment to combating HIV and AIDS--we are better regarded in Africa than in anywhere else in the world. From our universities, to our businesses, to our military training and partnerships, to the vibrant Africa diaspora community spread throughout this land, we have tools no other Nation has. The opportunity for progress is extraordinary. By helping to build a broad and sustainable middle class across this continent, American workers and businesses will have more people to sell their products to and more markets in which to invest. The more we partner with African businesses, the stronger they will become.
Genuine partnerships such as this must be the foundation for our relationships with Africa going forward, and we have a lot to gain as well.
As many have commented, in the last decade 6 out of 10 of the fastest growing economies in the world have been in Africa, and that number will only rise. Other countries have noticed the opportunity. China's exports to Africa, for instance, have outgrown ours 3 to 1 since 2000, and 5 years ago China eclipsed us as Africa's largest trading partner. So it is no surprise that since 2000, China has hosted five summits with African heads of state. Let's be clear, the Chinese, in seeking opportunities for this century, will not miss the ``next China.'' So we have a lot of ground to make up.
It is also critical we recognize that we should not just mimic the ways in which the Chinese are seeking opportunity in Africa. They bring a policy of nonintervention in domestic affairs. We bring American values--a focus on democracy, on governance, on human rights, as well as the attractiveness of our technology, our resources, and the relationship with our diaspora community.
This week we have had remarkable opportunities for our President, our Secretary of State, and several of us from this Chamber to meet with young African leaders as part of a program that brought 500 inspiring young African leaders to Washington.
Next week we will welcome more than 40 heads of state from across the continent--a summit that I hope signals the next big step in building strong and sustainable partnerships throughout the continent.
President Obama, leaders from this Chamber, leaders from the Cabinet, and from across America's corporate community will join for 3 days to allow us to refocus our efforts on the continent, to seize this moment, and to move forward. It is my hope that this Chamber, this Congress, will take advantage of the opportunity to enact the African Growth and Opportunity Act on a longer reauthorization and to open it to truly balanced trade, and pass the bipartisan Power Africa Act to significantly improve our investment in infrastructure.
The opportunities are limitless. It is my hope that we will but seize them.
With that, I yield the floor.
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