Pan African Visions

Ruto: Kenya and US Finalizing Trade Deal

October 05, 2023

By Samuel Ouma

President William Ruto said Kenya and the United States are finalising a new trade agreement.

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

In a statement, the State House said the agreement will increase trade and investment between the countries, boost manufacturing and create jobs.

President Biden said the US will work with Kenya and other African nations to scale up investment in renewable energy and infrastructure "to provide opportunities for jobs and industrialisation”.

The two leaders also agreed to collaborate 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.

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

He also congratulated Kenya for a successful African Climate Summit.

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

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