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President Trump Announces Intent to Negotiate Trade Agreement with Kenya
President Donald J. Trump today announced the United States intends to initiate trade agreement negotiations with the Republic of Kenya following a meeting at the White House with Kenyan President Uhuru Kenyatta.
“Kenya is a recognized leader across the continent, an important strategic partner of the United States, and there is enormous potential for us to deepen our economic and commercial ties,” said United States Trade Representative Robert Lighthizer. “Under President Trump’s leadership, we look forward to negotiating and concluding...
Strengthening the U.S.-Kenya Trade Relationship to Grow U.S. Agricultural Exports to East Africa
Kenya is an emerging middle-income country and has one of the best performing economies in sub-Saharan Africa. It serves as the commercial hub for East Africa, with coastal ports that allow for imports to be received and transported to landlocked neighbors. Kenya relies heavily on imported food and farm products, much of which the United States produces competitively. In 2018, Kenya imported $2.5 billion of agricultural products from the world.
While the country’s global imports of food and agricultural products has trended upwards, its imports from the United States have remained steady, resulting in a reduced U.S. market share as other nations increase exports to Kenya. Indonesia is currently the top agricultural exporter to Kenya.
The United States is looking to strengthen its trade relationship with Kenya and increase its agricultural exports to the country. Kenya currently boasts...
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