In a bid to secure a crucial trade agreement before the looming November elections and the expiration of the African Growth and Opportunity Act (AGOA), Kenya is intensifying efforts to finalize negotiations with the United States.
The focus on agriculture, environmental standards, and workers’ rights has taken center stage in the discussions, with both sides aiming to expedite the process.
During the recent 11-day negotiating round in Washington, key issues such as anticorruption measures, support for Micro, Small, and Medium-sized Enterprises (MSMEs), and inclusivity were extensively deliberated.
The US delegation, led by Assistant USTR Constance Hamilton, engaged in fruitful discussions with the Kenyan delegation, headed by Principal Secretary for Trade Alfred K’Ombudo.
Speaking on the proposed agreement, PS K’Ombudo highlighted the comprehensive coverage of trade topics, including customs, trade facilitation, and export procedures for agricultural products. The agreement also emphasizes cooperation in MSMEs, inclusive trade, environment, labor standards, and other related areas.
With the urgency to finalize the deal before the upcoming elections, concerns have been raised about potential delays in the negotiation process. A ministry official involved in the talks expressed hopes for a timely resolution, emphasizing the need to overcome any obstacles before the US enters its election period.
The trade pact aims to enhance market access for US companies in Kenya, promote sustainable economic growth, and boost bilateral trade relations. As both countries navigate through changing administrations and external challenges, the commitment to reaching a mutually beneficial agreement remains a top priority for the negotiating teams.