Kenya and the United States have concluded the first round of Strategic Trade and Investment Partnership (STIP) that will form a basis for future bilateral engagements. The Kenyan delegation, led by Trade Principal Secretary Alfred K’Ombudo, hope that the five-day talks on the free trade agreement will bear fruits. AdChoices ADVERTISINGThe government has been scouting for areas of collaboration that will increase foreign direct investment, promote sustainable and inclusive growth that will also support women and small and medium enterprise businesses. Talks between Kenya and the US began in July 2020 during former Presidents Donald Trump and Uhuru Kenyatta’s tenures. After the US elections in November 2020, Joe Bidens’s administration took time to review part of the pact before initiating a fresh round of negotiations.

Source: The Star February 13, 2023 05:28 UTC