News in Brief:
– The United States and Kenya made progress in their trade talks, focusing on agriculture and removing barriers for pork exports to the eastern African growing market.
– It focuses on non-tariff issues like worker rights and good regulatory practices, unlike a traditional trade talks that would address tariffs.
The US and Kenya have reportedly made significant progress in their Strategic Trade and Investment Partnership (STIP) negotiations, the third of a series, were concluded in January 2024.
Key areas of discussion included; agriculture, anti-corruption, digital trade, and environmental policies. The US delegation was led by Assistant US Trade Representative, Constance Hamilton, who stressed the need for agricultural market access, good regulatory practices, and worker protections.
US pork producers see opportunity in Kenya
Meantime, the National Pork Producers Council (NPPC), a trade association representing US pork producers and other industry stakeholders, views Kenya’s growing middle class and population of 50 million as a potential export market.
Subsequently, they have urged negotiators to remove trade barriers. These include strict testing requirements, while advocating for recognition of US pork safety standards.
Ultimately, an agreement will benefit both nations and it is expected to boost trade between them.
The US and Kenya shifted gears on their trade relationship under the Biden administration. Previous attempts at a free trade agreement (FTA) were abandoned in favor of a âStrategic Trade and Investment Partnershipâ (STIP). This STIP focuses on non-tariff issues like agriculture, anti-corruption, and digital trade. It also aims for âhigh-standard commitmentsâ without tackling tariff barriers like a traditional FTA.