Kenya determined to conclude trade deal with the US, President Uhuru says
News
By
PSCU
| Jan 19, 2021
President Uhuru Kenyatta has reiterated Kenya’s determination to conclude ongoing negotiations with the United States of America and sign a Free Trade Agreement (FTA).
The President gave the assurance Tuesday afternoon when he bade farewell to outgoing US Ambassador to Kenya, Kyle McCarter who paid him a courtesy visit at State House, Nairobi.
The Head of State said the FTA will build on the successes achieved under the African Growth and Opportunity Act (AGOA) by ushering in better and bigger trade opportunities and prospects for Kenya.
“We appreciate what has been achieved through AGOA, but it is time we moved to much closer trade arrangements that are mutually beneficial. We will not lose focus on concluding the FTA,” the President said.
Kenya and the US launched trade negotiations on July 8, 2020 with the aim of crafting a comprehensive FTA that will serve as a model for similar pacts across Africa.
READ MORE
Treasury goes for UAE loan as IMF cautions of debt situation
Traders claim closure of liquor stores, bars near schools punitive
Adani fallout is a lesson on accountability and transparency fight
How talent development is shaping Kenya's tech future
Street-style snappers reclaim the heart of Nairobi
Huawei, charity partners to empower women with digital skills in Kenya
African ministers champion ICT adoption for sustainable growth
Digital lender Tala surpasses Sh300bn mobile loans as Kenyans borrow more
KCB beats Equity in profits race as earnings after tax hit Sh44.5b
Government back to drawing board after KRA misses tax targets
President Kenyatta thanked the US Government for the support Kenya continues to receive in the security sector especially the fight against terrorism and the response against Covid-19.
Amb McCarter thanked President Kenyatta and the people of Kenya for making his two-year tour of duty in the country successful.
“I am a fortunate man to have served Kenya as US ambassador. I will be visiting Kenya from time to time and I hope I will be able to bring more investors,” Amb McCarter told the President.
At the meeting, also attended by Head of Public Service Dr Joseph Kinyua and Foreign Affairs CS Amb Raychelle Omamo, the President wished the outgoing US envoy success in his future endeavors.