The United States and Kenya hold second meeting of the Trade and Investment Working Group

The United States and Kenya hold second meeting of the Trade and Investment Working Group
Published date:
Monday, 04 November 2019
Author:
USTR

The United States and Kenya held the second meeting of the U.S.-Kenya Trade and Investment Working Group from October 31 to November 4, 2019 in Nairobi, Kenya.

The Working Group, established by President Donald J. Trump and President Uhuru Kenyatta, is exploring ways to deepen the trade and investment ties between the two countries and lay the groundwork for a stronger future trade relationship.

The Working Group’s discussions covered a range of trade and investment topics, including services, digital trade, intellectual property, agriculture, environment, customs and trade facilitation, technical barriers to trade, labor, and state-owned enterprises.

The United States and Kenya intend to establish a strategic framework to provide technical assistance and trade capacity building in Kenya with the aim of maximizing Kenya’s utilization of the African Growth and Opportunity Act (AGOA) trade benefits for the remaining years of the preference program, which is scheduled to expire in 2025.

The United States and Kenya reviewed progress on the implementation of the bilateral commercial Memorandum of Understanding (MoU) signed in June 2018. The objective of the MoU is to increase the number of U.S. businesses engaged in priority projects identified by Kenya in its “Big Four” agenda, and to address business climate issues that may impede greater bilateral trade and investment.

The United States agreed to explore opportunities for providing training to relevant Kenyan government ministries, departments, and agencies on best practices that can strengthen the trade policy environment particularly in the Small and Medium Sized Enterprises (SME) sector.

The United States and Kenya also intend to partner with the American Chamber of Commerce to strengthen commercial cooperation, catalyze business to business linkages, and strengthen the capacity of both U.S. and Kenyan businesses, including SMEs, to participate in available market opportunities.

The delegations were led by Assistant U.S. Trade Representative for Africa, Constance Hamilton, and Dr. Chris Kiptoo, Principal Secretary, State Department of Trade, Ministry of Industry, Trade, and Cooperatives, and included representatives from a wide range of U.S. and Kenyan government departments and agencies. Both countries agreed to strive to make additional progress in advance of the next Working Group meeting, to be held in Washington, DC in January 2020.

###

View related news articles

Kenya businesses 'want continued duty-free access'

The Biden administration has been clear that none of its trade negotiations cover tariffs. That includes talks with the U.K., the EU and the Indo-Pacific region, as well as the Strategic Trade and Investment Partnership talks with Kenya. In Kenya’s case, the country already has duty-free access to the United States for most of its goods under the African Growth and Opportunity Act. But the Biden administration has not said yet...

26 September 2022

Concerns expressed that Kenya deal with US could hurt regional trade

The pursuit of a new trade pact between Washington and Kenya is eliciting old fears on whether it could hurt adherence to obligations under the East African Community, and hence continental ambitions for more commerce. The US has confirmed it is willing to restart negotiations on a future trade pact with Nairobi once a substantive government is formed by President William Ruto. And although Washington says any trade agreements in Africa will...

24 September 2022

US concerns with doing business with Kenya

The United States of America has expressed interest in resuming trade with the East African nation of Kenya. The resumption of trade between both nations is a welcomed development according to both parties, assuming the interest of both players is protected.  Tension surmounting between these two nations results from the potential tax that could be imposed on their businesses should they commence trade with each other.  The US has...

24 September 2022

US overtakes Uganda to become the largest market for Kenyan goods

The United States has overtaken Uganda to become the largest market for Kenyan goods, according to a report by Business Daily. Citing official data, the publication reported that Kenya’s exports to the US grew by 47 percent to Sh38.8 billion in the first half of the year, ending Uganda’s 10-year dominance as the leading export destination for Kenya-made goods. In the period under review, Ugandan consumers bought Sh36.2 billion worth of...

22 September 2022

Kenya seeks a temporary pact with the US ahead of full FTA

Kenya is currently seeking a placeholder trade partnership with the United States as negotiations for a fully-fledged free trade agreement (FTA) continue between the two countries. Outgoing Trade Cabinet Secretary Betty Maina said she expects the new administration under President William Ruto to continue engagements with the US. “What we are currently in discussions over is the development of a strategic trade and investment partnership...

13 September 2022

US seeks public views on new trade deal with Kenya [incl. file]

President Joe Biden’s administration is seeking views from American and Kenyan firms on the proposed fresh free trade window as it lays grounds for a new pact. The call follows fresh trade talks Washington opened with Nairobi in July. The United States Trade Representative Office (USTR), which has been spearheading the talks, said comments received from interested parties will help the USTR as it develops negotiating objectives and...

15 August 2022

AGOA's 'expiry clause has limited Kenya's ability to attract long-term investment', MIT Secretary says

Kenya has struggled to attract long-term, capital-intensive investments under the more than two decades-Growth and Opportunity Act (Agoa) deal with the US largely because of the pact’s expiry clause, the Trade minister has said. Betty Maina, the Industrialization and Trade secretary, says big-ticket investors have not been keen on setting up factories for duty- and mostly quota-free exports into the expansive US market, limiting the product...

14 August 2022

US doesn't rule out more comprehensive trade negotiations with Kenya

The United States has not ruled out more comprehensive trade negotiations with Kenya after launching a strategic trade and investment partnership with the African country on Thursday, Deputy U.S. Trade Representative Sarah Bianchi told Reuters. Bianchi said U.S. trade officials viewed the agreement with Kenya as a potential model for other countries. Officials would focus in coming months on hammering out high-standard agreements in areas...

15 July 2022

House Ways and Means Chairman Neal applauds launch of US-Kenya partnership agreement negotiations

Today, House Ways and Means Committee Chairman Richard E. Neal (D-MA) applauded the launch of the United States-Kenya Strategic Trade and Investment Partnership, “Today’s announcement that the United States will be furthering our partnership with a key trading partner, Kenya, is a welcome advancement in our trade relationship, and I thank USTR Ambassador Tai for her leadership in launching this initiative. “Kenya is a recognized...

15 July 2022

United States and Kenya announce the launch of US-Kenya strategic trade and investment partnership

During a virtual meeting today, United States Trade Representative, Katherine Tai, and Kenya's Ministry of Industrialization, Trade and Enterprise Development Cabinet Secretary, Betty Maina, launched the United States-Kenya Strategic Trade and Investment Partnership (STIP).   Building on their June 13, 2022 meeting in Geneva, Ambassador Tai and Cabinet Secretary Maina agreed that their governments will pursue enhanced engagement leading...

14 July 2022

US starts resetting trade ties with Kenya to reflect Biden priorities

The US government on Monday started reshaping trade deals with Kenya to reflect the priorities of the Joe Biden administration, American officials said. The US and Kenya agreed to discuss an “ambitious” trade arrangement with “high-standard commitments” in key areas including agriculture, digital trade and climate change, the Office of the United States Trade Representative (USTR) announced on Monday. The USTR stated this after the...

15 June 2022