Historic trade mission connects Indian and Black American business opportunities for economic empowerment
Washington, DC – The
National Black Chamber of Commerce recently participated and conducted two global trade
missions simultaneously, from March 27-April 1, 2023. The NBCC was
invited to participate in the U.S. Department of Commerce, International Trade
Administration Executive-Led Certified Trade Mission to Nairobi, Kenya, led by
Under Secretary Donald R. Cravins, Jr.
Coincidentally, the honor of our
presence was also requested to New Delhi, India by the Asian-Africa Chamber of
Commerce and Industry, to attend the IndiaSoft Expo, and the Dalit Indian
Chamber of Commerce and Industry to participate in their G20 India National
Conference. NBCC President and CEO, Charles H. DeBow, III represented in
Kenya, and the NBCC International Committee led by Chairman, Frederick
Anderson, and Vice Chairwoman, Shaquana Teasley.
History Part I, Africa – The U.S.
Department of Commerce Trade Mission to Kenya was premised on a flourishing
U.S. and Kenya trade relationship with total goods traded between our countries
reaching $1.5 billion. That’s an increase of 40% since 2019 with lots of
room to grow.
The National Black Chamber of
Commerce participation was unprecedented for the call to support Africa’s
transformation globally to cultivate strong lasting partnerships with Kenya and
the African continent. It exemplified a unified effort by the U.S.
Department of Commerce, International Trade Administration, Prosper Africa,
EXIM Bank, U.S. Trade & Development Agency, U.S. Commercial Service, U.S.
Embassy Kenya, U.S. AID, and the U.S. Chamber of Commerce/AmCham Kenya in
harmony with the government of Kenya highlighted with by an address by
President Ruto. This set the stage for unprecedented progress for global
Small and Medium Sized businesses.
The NBCC formally worked alongside
both American and Kenyan governments, with civil society to bring together
American/Afro American, and African businesses. It was a proud moment for
Africans and Americans to be working together in a highly motivated forum,
professionally convened to form partnerships, joint ventures, and
mentor/protégé relationships. It was spectacular! Each delegation
member had 5 initial pre-matched meetings. Most of the attendees’ initial
meetings precipitated 30 or more additional introductions over a three-day
period. The meetings resulted in export/import relationships,
agricultural/aquaculture, infrastructure, Information Technology partnerships,
Manufacturing, Mining, Healthcare, Technical Training, Entrepreneurial
Development, Rural Community Development as enterprise zones, Alternative
Energy, Digital Financial Literacy, and Advancement of DEI and Workforce
development principles for the Diaspora just to name a few.
Several companies in the delegation
were persuaded to extend their stay to immediately close deals. We will
be presenting a collective strategic plan inclusive of all our
partners. History Part II India – The National Black Chamber of
Commerce’s International Committee led a delegation to New Delhi, India as a
culmination of relationships with the Dalit Indian Chamber of Commerce and
Industry, DICCI and the Asian African Chamber of Commerce & Industry-Ghana,
AACCI-Ghana.
The NBCC was invited to visit India
to explore and solidify business relationships. Our delegation of International
Committee leadership evaluated the business landscape. They attended the
IndiaSoft Expo, and the DICCI National Conference on G20 India, and met with
the U.S. Commerce Senior Commercial Office – India and U.S. India Strategic
Partnership Forum. As well as had a cultural excursion to the Dr. Ambedkar
National Memorial and the Taj Mahal, one of the seven wonders of the world.
“As the NBCC enters its next
chapter, we are focused on expanding our portfolio of international partners
who place an emphasis on economic development for Black businesses and
solutions that amplify the Chamber’s reach beyond domestic means,” says Charles
H. DeBow, III, CEO of the NBCC.
“We consider this trade mission to India to be
a first step which accomplishes that ethos efficiently and impactfully, while
carrying on the NBCC’s decades-long traditions with a modern perspective.”
This historic exploratory trade
mission allowed NBCC to make strong connections. Frederick Anderson, Corporate
and International Director, National Black Chamber of Commerce said, “The
highlight of the trip was our momentous MOU signing between NBCC and DICCI, an
unprecedented event. It opens tremendous economic opportunity between Black and
Dalit businesses, in the USA and India”.
This relationship was born out of
the cultural similarities from the work of Dr. Martin Luther King, Jr. during
the civil rights movement and the thought leadership of Dr. Babasaheb Ambedkar.
NBCC intends to collaborate and establish more formalized trade trips to both
countries, in the near future.
For more information visit
www.Nationalbcc.org
Tags:
National Black Chamber of Commerce NBCC global trade missions U.S. Department of Commerce International Trade Administration Executive-Led Certified Trade Mission Nairobi Kenya Donald R. Cravins Jr. New Delhi India Asian-Africa Chamber of Commerce IndiaSoft Expo G20 India National Conference Charles H. DeBow III Frederick Anderson Shaquana Teasley U.S. Department of Commerce International Trade Administration Prosper Africa EXIM Bank U.S. Trade & Development Agency U.S. Commercial Service U.S. Embassy Kenya U.S. AID U.S. Chamber of Commerce AmCham Kenya President Ruto AACCI-Ghana Dalit Indian Chamber of Commerce and Industry Dr. Ambedkar