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Kenya, US to resume trade relations talks

Kenya and US representatives have agreed to promote the interests of the two countries.

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by SHARON MAOMBO

News24 August 2021 - 08:03
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In Summary


  • •Industrialisation and Trade CS Betty Maina held virtual consultations on Monday evening with the Us Trade representative Katherine Tai.
  • •Maina expressed Kenya's desire to conclude a trade arrangement that gives confidence to investors while safeguarding the country's commitments under its regional, continental and multilateral trade agreements.
Trade CS Betty Maina. Image: COURTESY

Kenya is seeking to negotiate and conclude a trade arrangement with the USA.

In a statement on Tuesday, Industrialisation and Trade CS Betty Maina said representatives have agreed to deepen trade engagement to promote the interests of the two countries.

Maina held virtual consultations on Monday evening with US Trade representative Katherine Tai.

According to the CS, Ambassador Tai observed that the US was interested in an approach to trade policy that fits in the overall Biden -Harris Administration's 'Build Back Better' and work- centric trade policy.

On her part, CS Maina expressed Kenya's desire to conclude a trade arrangement that gives confidence to investors while safeguarding the country's commitments under its regional, continental and multilateral trade agreements.

This comes a few weeks after Kenya and the United Kingdom agreed to use blockchain tech to free up trade logistics.

This was through the signing of an MoU between the Institute of Export and International Trade and Trade Mark East Africa at the Kenya High Commission in London.

The MoU provides a framework for collaboration to implement a digital trade corridor between the UK and Kenya.

The UK-Kenya Trade Logistics Information Pipeline (TLIP) aims at eliminating paperwork and introducing a digital process that increases visibility up and down the supply chains.

The system uses blockchain technology to link all those in the supply chain thus seeking to enable fast logistic clearance and easier trading.

Speaking at the function hosted by Kenya High Commissioner to the UK Manoah Esipisu, East Africa Community Cabinet Secretary Adan Mohammed said the deal would see an increase in bilateral trade which would benefit the entire EAC.


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