Kenya should abandon or, at the very least, postpone the United States-Kenya Free Trade Agreement negotiations to a later date, civil society groups say in letter to the AfCFTA Secretariat.
Kenya’s negotiations for a free trade deal with America has received opposition from organisations drawn from across Africa.
Kenya says it hopes to conclude a post-Brexit trade deal with the UK before the end of the year.
Kenya plans to gradually relax its regulations of the digital market to ease entry of US firms and products.
Kenya is keen on protecting key economic sectors and several strategic state-owned enterprises from the Free Trade Agreement ahead of trade talks with the US slated for July.
Kenya has initiated talks with the European Union and the United Kingdom on a post-Brexit trade agreement as the country moves to safeguard its horticultural produce market.
President Uhuru Kenyatta has said the much-anticipated trade talks between Kenya and the United States of America will start on 7th July 2020.
The East African Trade Network is strongly opposed to the creation of a Free Trade Agreement between United States and Kenya.
Kenya has moved to fence in its key economic segments as it prepares for the first round of free trade area (FTA) negotiations with the US from July 9 to 17.
Country must engage in thoughtful, deliberative process or should be set for short end of the stick.
Kenya’s negotiations with the United States while the African Union is in ongoing negotiations on a future agreement between African countries makes this a transitional moment in Africa’s trading relationship with the West.
US-Kenya trade talks are due to start in the next couple of weeks, US Trade Representative, as Kenya President announced discussions have been delayed until the Africa free-trade deal comes into force.
A membership network comprising civil society organizations, trade unions and farmer groups strongly opposed the proposed Kenya-US FTA, as Kenyan President announced a delay in talks.
The US aims to establish commitments to ensure Kenya refrains from imposing measures that restrict cross-border data flows and does not require the use of installation of local computing facilities.
AGOA doesn’t expire until 2025, but the industry looks for certainty to the region in the face of the pandemic and upcoming US trade talks with Kenya.
The agreement portends the danger of crippling sectors such as agriculture and manufacturing and disintegration of its economy in Kenya.
Through the reciprocal trade deal, the US government is seeking unfettered entry for its companies into nearly all segments of Kenya’s economy including the heavily guarded ones.
By harmonizing Kenya’s trade policies in accordance with the US trade policies and domestic laws, Nairobi seems ready to surrender its policy space once and for all.