Publication Date: 2020-04-27
The U.S. Chamber of Commerce said in a document viewed by Reuters that 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. U.S. President Donald Trump and Kenyan President Uhuru Kenyatta on Feb. 6 announced the intention to start formal talks on what would be first U.S. bilateral trade deal with a sub-Saharan African country. In comments submitted to the U.S. Trade Representative, the Chamber’s U.S.-Africa Business Center said a high-standard agreement would boost the long-term economic outlook for both countries, and further position Kenya as a model for economic reform across Africa. Two-way goods trade between the United States and Kenya totaled $1.1 billion in 2019, up 4.9% from 2018. --- Support this podcast: https://anchor.fm/newscast-africa/support Learn more about your ad choices. Visit megaphone.fm/adchoices
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