Uhuru targets new win-win business deals as he starts US tour
Kenya is in bullish economic diplomacy following recent high-profile meetings with Western superpowers of US and France.
After a successful tour of the UK, which saw the country gobble up Sh227 billion worth of trade deals during the UK-Africa Summit, President Uhuru Kenyatta is currently in the US, and is due to meet with President Donald Trump to discuss trade and economic relations between the two countries.
The two leaders are expected to discuss, among others, Africa Growth Opportunity Act (AGOA) during an expanded bilateral meeting expected tomorrow.
US and Africa hold different views on their future trade relationship when the preferential access deal expires in 2025. Kanze Dena, Uhuru’s spokesperson said the US and Kenya are working on a new trade deal beyond Agoa.
“During meetings with American business membership groups, Uhuru will be expected to pitch for Kenya as an ideal business, investment and tourism destination,” she said.
Uhuru will also meet with US congress, chairmen of finance, defence and foreign relations committees as well as a third meeting of the technical working group to promote trade and economic relations between the two countries. It was formed in 2017.
Last week, a French trade delegation was in the country where they signed a memorandum of understanding (MoU) following the commitment made by President Uhuru and French President Emmanuel Macron in March 2019.