Uhuru Defends the Proposed Trade Pact Between Kenya and the US

Uhuru Defends the Proposed Trade Pact Between Kenya and the US

President Kenyatta has defended the proposed free trade agreement (FTA) between Kenya and the United States.

Speaking on Thursday during a webinar hosted by the Atlantic Council, Kenyatta played down claims that Kenya’s trade pact with the US will undermine the African Continental Free Trade Agreement (AfCFTA).

On the contrary, Uhuru pointed out that the trade deal will set a precedent for other African nations seeking to negotiate bilateral arrangements within the AfCFTA framework.

"Kenya will be the first under the new AfCTA so we are going to be trailblazers in this and we hope that others will also follow-through," Uhuru said.

Uhuru added that through the agreement, Kenya will reposition itself as a gateway to American investments on the continent.

"The essence of an FTA is an investment. Ultimately, I believe, Americans themselves will be able to say, why can't we just invest in Kenya and not only take advantage of Kenya but the region," he noted.

Kenya is seeking a win-win arrangement where both countries will benefit, according to Uhuru.

"We believe that all trade negotiations are based on a win-win. We believe that's the intention of the United States just as much as it is our intention," he stated.

On the Building Bridges Initiative (BBI), Uhuru stressed that the process is aimed at creating national cohesion and ending the country's perennial acrimonious elections.

"We want to transform our politics and make our politics much more inclusive," President Kenyatta said.

The webinar was moderated by former Nairobi-based Financial Times East African Correspondent Katrina Manson.

The Atlantic Council is an American think-tank whose mission is to promote constructive leadership and engagement in international affairs. The think-tank hosts various world leaders to discuss subjects of public interest.

Comments

Guest (not verified)     Thu, 06/18/2020 @ 04:39pm

-And once again the USA embassy got bombed by terrorists, a case of history repeating itself.
Coming soon to a news paper near you.

Some Americans will die from this “opportunistic “ agreement with murderers and looters of public funds.
The American government seems incapable of learning from its past mistakes.

Just FYI:
Uhuru Kenyatta built a diesel SGR from a loan from China for $3.6 Billion.

The Chinese people should deserve to die of Corona virus , there Government is predatory and demonic . They are in bed with murderers and looters of public funds like Uhuru Kenyatta.

There , I said it.

Guest (not verified)     Thu, 06/18/2020 @ 04:56pm

Any debts accumulated by Jubilee government belong to:
1. Kikuyus
2. Kalenjins
3. Luo’s

The rest of us, don’t owe China or America anything.

Giving Uhuru Kenyatta loans does not constitute giving those of us from the other tribes loans.

We don’t owe. Always remember that.

Guest #13 (not verified)     Thu, 06/18/2020 @ 06:41pm

Whats's in it for us ordinary Kenyans?
This was propsed before Corvid. The situation on the ground has changed so much. Talk of tourism and agricultural exports is a nullity for the next several years

Anonymous UI (not verified)     Fri, 06/19/2020 @ 10:31am

No more occupation in the name of investors and tourists!! 400 years of slavery of the black man around the world is done!!

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