ADVERTISEMENT

US launches talks with Kenya on free trade pact

The US government formally launched talks with Kenya on Wednesday aimed at setting up a free trade agreement that could form the basis for deals with other African nations.

US Trade Representative Robert Lighthizer

"Kenya is a recognized leader across the continent, an important strategic partner of the United States, and there is enormous potential for us to deepen our economic and commercial ties,” said Ambassador Lighthizer.

He said "a comprehensive, high-standard agreement" with Kenya could go on to "serve as a model for additional agreements across Africa."

President Donald Trump has alternatively denigrated African nations and taken a hard line in trade dealings with some countries, while also pursuing his preference for bilateral talks over regional or multilateral agreements, launching an exploratory working group with Kenya's President Uhuru Kenyatta in 2018.

The leaders earlier this year agreed to work towards a free trade deal.

ADVERTISEMENT

Betty Maina, Kenya's secretary for Industrialization, Trade, and Enterprise Development, said the two countries "have strong trade relations demonstrated by growing exports and imports which have increased over the years."

"Increasing and sustaining export performance to the United States requires a trade arrangement that is predictable and guarantees preferential market access for Kenyan products. Kenya is also keen to attract Foreign Direct Investment from the United States," she said.

The initial round of talks will take place virtually over the next two weeks due to the COVID-19 pandemic.

hs/jm

Enhance Your Pulse News Experience!

Get rewards worth up to $20 when selected to participate in our exclusive focus group. Your input will help us to make informed decisions that align with your needs and preferences.

I've got feedback!

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

We’re not stopping - Onakoya extends Guinness World record chess marathon target by 2 hours

We’re not stopping - Onakoya extends Guinness World record chess marathon target by 2 hours

'We have done it': Tunde Onakoya reaches 58-hour mark chess marathon

'We have done it': Tunde Onakoya reaches 58-hour mark chess marathon

Forgive me my papa - Self-acclaimed Hausa traditional ruler kneels to beg Oba of Benin

Forgive me my papa - Self-acclaimed Hausa traditional ruler kneels to beg Oba of Benin

Fubara grows Rivers IGR by over 100%, less than 1 year after Wike's tenure

Fubara grows Rivers IGR by over 100%, less than 1 year after Wike's tenure

Plateau University suspends exams over killing of student

Plateau University suspends exams over killing of student

Nigeria laughing stock of the rest of the world due to insecurity - TY Danjuma

Nigeria laughing stock of the rest of the world due to insecurity - TY Danjuma

APC group claims Tinubu’s initiatives stimulating economic recovery

APC group claims Tinubu’s initiatives stimulating economic recovery

Plateau Gov urges calm after attack that led to death of 200-level PLASU student

Plateau Gov urges calm after attack that led to death of 200-level PLASU student

NAFDAC reopens popular Ibadan supermarket shut for selling unregistered product

NAFDAC reopens popular Ibadan supermarket shut for selling unregistered product

Pulse Sports

Lionel Messi's son breaks the internet after scoring five goals for Inter Miami

Lionel Messi's son breaks the internet after scoring five goals for Inter Miami

Naija Stars Abroad: Onyedika, Boniface, and Osimhen shine across Europe

Naija Stars Abroad: Onyedika, Boniface, and Osimhen shine across Europe

Victor Osimhen and Tobi Amusan make list of Forbes’ 30 under 30 Class of 2024

Victor Osimhen and Tobi Amusan make list of Forbes’ 30 under 30 Class of 2024

ADVERTISEMENT
ADVERTISEMENT