Kenya expects trade partnership deal with US in a year, minister says

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Kenya expects trade partnership deal with US in a year, minister says
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Kenya expects to finish talks for a trade and investment deal with the United States by the end of this year and to sign the agreement by April 2024, Trade Minister Moses Kuria said.

Kenya is one of the United States' top trading partners in Africa and has been a major beneficiary of the Africa Growth and Opportunity Act , a preferential trade programme that will expire in 2025.

"It is full steam ahead for both the Kenyan and U.S. sides," Kuria said. "By the close of this year, we will have finalised the actual negotiations to pave way for a signing probably by April next year." Instead, it opted for talks about a non-tariff partnership focused on boosting labour and production standards in Kenyan economic sectors like agriculture and digital services in ways that facilitate American trade and investment.last year that the administration had not ruled out more comprehensive trade negotiations with Kenya later on.

"Building on the success of the round of conceptual discussions in early February, we look forward to productive discussions on key concepts during the first negotiating round in Kenya next month," the spokesperson said.

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