Kenya, US finalizing new trade deal

Wednesday, October 4th, 2023 14:02 | By
President Joe Biden with President William Ruto in a past meeting
President Joe Biden with President William Ruto in a past meeting. PHOTO/@HusseinMohamedg/X

Kenya and the United States are finalizing a new trade agreement.

President William Ruto and President Joe Biden agreed to expedite the Strategic Trade and Investment Partnership agreement.

The agreement will increase trade and investment between the countries, boost manufacturing and create jobs.

President Biden said he would work with Kenya and other nations in Africa to scale up investment in renewable energy and infrastructure “as a way to provide opportunities for jobs and industrialisation”.

The two leaders also agreed to continue collaborating closely on security, ending conflicts and fighting terrorism in the Horn of Africa.

This will allow people in the region to enjoy peace and focus on economic engagement.

The two leaders had a telephone conversation on Tuesday evening.

US President on Haiti mission

President Biden thanked Kenya for accepting to lead the Multinational Security Support mission to Haiti and confirmed America’s support for the mission.

US President Joe Biden
President Joe Biden. PHOTO/@POTUS/X

He also congratulated Kenya for a successful African Climate Summit.

Also deliberated by the two presidents was the place of technology in development, fight against corruption and food security in Africa.

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