Grapevine

Kenya, US negotiate new trade partnership as Agoa nears end

Investment, Trade and Industry CS Salim Mvurya(left) and Trade PS Alfred Kombudo addressing the media announcing the end term of the African Growth and Opportunity Act (AGOA) at his office in Nairobi on August 9, 2024 [Boniface Okendo, Standard]

As the African Growth and Opportunity Act (Agoa) approaches its expiration in 2025, the Kenyan government is actively negotiating new trade partnerships with the United States.

The discussions aim to extend and enhance trade relations between the two countries.

Investments, Trade, and Industry Cabinet Secretary Salim Mvurya Friday said the new agreements would strengthen and expand business opportunities between Kenya and the US.

The talks focus on a Strategic Trade and Investment Partnership (STIP), which includes multiple key areas such as agriculture, sanitary measures, customs procedures, climate change action, and digital trade regulations.