The Donald Trump’s administration is seeking abolition of import duty on agricultural exports to Kenya.
Tariffs remain Kenya’s main trade policy instrument while juggling between boosting international trade and cushioning local producers from external competition.
Faced with plunging profits and a climate crisis that threatens fossil fuels, the industry is demanding a trade deal that weakens Kenya’s rules on plastics and on imports of American trash.
The negotiation of a US-Kenya Free Trade Agreement has spurred interest by prospective US investors, exporters, and importers.The final GILTI, FDII, and BEAT regulations provide the US tax framework for US C corporate investors.
With just four months to the expiry of the current agreement, ideological differences among member states are hampering the progress of the bloc’s negotiations.
US dairy farmers want unfettered access of their milk products to the Kenyan market in the proposed free trade agreement between Nairobi and Washington, which could have far-reaching implications on Kenya’s milk farmers.
Negotiations over a trade agreement between Kenya and the US have resumed. The deal could undermine African common markets and flood Kenya with cheap maize and chicken.
Kenya’s need to export value-added agricultural products dominated the first round of talks with America after its formal launch on Wednesday last week.
Kenya is reluctant to seek extension of safeguards that protect the country from importation of cheap sugar from the Common Market for Eastern and Southern Africa (Comesa).
Last week, Kenya and US officially started negotiations of the Free Trade Agreement (FTA). A special interest group comprising civil society, trade unions and farmers have also mobilised against the FTA. This is a common trend globally when trade negotiations begin because the future of these vested interest groups is always uncertain.
Kenya’s free trade deal with the US has been challenged before the East Africa Court of Justice days after the two countries opened negotiations on duty-free imports.
US, Kenya kick off negotiations for free-trade agreement. Trump administration not looking to renew Africa regional pact.
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.