U.S., Kenya launch non-tariff trade and investment partnership talks

  • 📰 ReutersAfrica
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 53%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

The United States and Kenya on Thursday launched a strategic trade and investment partnership to pursue commitments to boost economic growth, support African regional economic integration and deepen trade cooperation.

The U.S. and Kenyan governments will start work within three months to develop a road map for engagement in areas including agriculture safety and digital trade standards, climate change, regulatory practices, and customs procedures the U.S. Trade Representative's office said in a statement.

Kenya exported $685.1 million worth of goods to the United States in 2021, of which more than 75% entered duty free under AGOA, according to the Congressional Research Service -- chiefly apparel, macadamia nuts, coffee, tea and titanium ores. The U.S. exported $561.6 million in goods to Kenya in 2021, with aircraft, plastics, machinery and wheat among the biggest categories.

The Kenya dialogue will include efforts to develop micro-, small- and medium-sized enterprises and discussions on enforcement of labor laws and promoting workers' rights - central components of the Biden administration's other trade initiatives. "We also hope that this initiative can serve as a model for trade policy engagement in Africa, one of the most dynamic and fastest-growing regions in the world," Tai added.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 31. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen