Ambassador Andrew Young Opens First Annual Tanzania Investment Forum Following World Bank Report Naming Tanzania in Top 10 of Business Reformers in World.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Ambassador Andrew Young Andrew Jackson Young, Jr. (born March 12, 1932) is an American civil rights activist, former mayor of Atlanta, Georgia, and was the United States' first African-American ambassador to the United Nations. , former U.S. Ambassador to the United Nations, opened the First Annual Tanzania Investment Forum at the New York Society of Security Analysts (NYSSA Nyssa (nĭs`ə), name of several ancient cities devoted to the worship of Dionysus. The best known of them is a town of Cappadocia, Asia Minor, near the Halys (now the Kizil Irmak) River. It was the residence of St. Gregory of Nyssa. ) in September as part of a two-week trade and investment forum just concluded in the U.S. Other key speakers were H.E. Dr. Augustine Mahiga, Permanent Representative to the UN from the United Republic of Tanzania; the Honorable Minister Nazir Karamagi, Minister for Industry, Trade and Marketing for the United Republic of Tanzania, and Dodge O. Dorland, President, NYSSA Board of Directors. The timing of the Forum coincided with two major reports indicating that Tanzania is one of the most "business-friendly" countries in Africa. The first, a report issued by the World Bank on September 5, 2006, noting that Tanzania catapulted into the ranks of the top 10 business reformers in the world. The second, a recent report by the Overseas Private Investment Corporation (OPIC OPIC Overseas Private Investment Corporation OPIC Office de la Propriété Intellectuelle du Canada (French: Canadian Intellectual Property Office) OPIC Organization of Professional Immigration Consultants OPIC Ohio Public Interest Campaign ) and the UN Trade agency, UNCTAD UNCTAD United Nations Conference on Trade & Development , stating that African nations offer the highest return in the world on direct foreign investment. Mr. Dodge O. Dorland stated, "This forum is not about what has already been established. It is about the future." He added, "A common thread connecting Tanzania to NYSSA's membership is an entrepreneurial spirit. This spirit is well reflected within the United Republic of Tanzania." He concluded, "It is important that our membership learn firsthand about a developing nation that will have an increasing presence on Wall Street." The Hon. Nazir Karamagi offered an overview of the favorable investment opportunities available in Tanzania including the energy, agriculture, chemical, fishery, meat and dairy, leather, mining, tourism and service sectors of this "emerging economy with high growth potential." The forum was organized by The Bradford Group in association with Azania Holdings International, Inc. as part of a weeklong series of trade and investment meetings taking place during the visit of H.E. Jakaya Mrisho Kikwete, President of the United Republic of Tanzania to the U.N. and the 52-member Tanzania Business Group who accompanied the President. The trade mission, supported by Citibank Tanzania, spent five days in New York before proceeding to Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , California and Minneapolis, Minnesota “Minneapolis” redirects here. For other uses, see Minneapolis (disambiguation). Minneapolis (pronounced IPA: /ˌmɪniˈæpəlɪs/) is the largest city in the U.S. . |
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