Bilateral deal-making involving governments of Africa and the Middle East.
photo: World Bank/CC BY-NC-ND 2.0
The United States should work to achieve a single, comprehensive agreement with Kenya that removes barriers to trade and investment, instead of pursuing a phased approach, the US Chamber of Commerce said.
Trade policies written in the shadows while the public is distracted always have terrible consequences for working people and the planet.
Trade deal violates the East African Community Treaty and its protocols, lawyers say.
The model used for negotiation of Nigeria’s investment agreements was reviewed between 2014 and 2016 to balance investor’s rights with obligations.
The Trump administration told Congress it plans to negotiate a comprehensive trade agreement with the East African country of Kenya.
The US has a stronger manufacturing sector meaning their products are likely to be more competitive than the locally produced commodities.
The FTA initiative should be seen in the context of the Trump administration’s determination to pursue bilateral deals to enhance reciprocity and American gains.
Kenya’s proposed free trade deal with the US has put it in the crosshairs as critics say the planned bilateral agreement would be a breach of regional and continental trade protocols.
Kenya surrendered its customs space to the bloc in 2005 when it signed its customs union protocol. The rulebook compels member states to negotiate all trade pacts jointly.
President Donald Trump has announced the United States intends to initiate trade agreement negotiations with Kenya.
Tralac’s page on the African Continental Free Trade Area
The Southern and Eastern Africa Trade Information and Negotiations Institute (SEATINI) is a regional non-governmental organization founded in 1996 soon after the WTO Singapore Ministerial Conference — mainly focusing on WTO, but also bilateral and regional trade negotiations in Africa.
The Southern and Eastern African Trade Information and Negotiations Institute (SEATINI) is an African initiative to strengthen Africa’s capacity to take a more effective part in the emerging global trading system and to better manage the process of globalization.