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President William Ruto has announced major strides in trade diplomacy, revealing ongoing negotiations that could open up Kenya’s access to massive international markets. Speaking on recent engagements, Ruto highlighted the landmark EU-Kenya Economic Partnership Agreement (EPA), which grants Kenyan exporters duty-free, quota-free access to the European Union.
In addition to the EU deal, Ruto shared updates from his latest trip to China, where he raised concerns over the glaring trade imbalance between the two nations. “We import over Ksh.600 billion worth of goods from China, yet they buy only Ksh.40 billion from us,” he noted, terming it an unsustainable disparity.
To address this, the president disclosed that China has agreed to pursue a bilateral trade agreement with Kenya aimed at eliminating tariffs on Kenyan exports. He said a technical team is already preparing to travel to China to finalize the deal, which could unlock access to the Chinese market for key agricultural products.
“I expect that by September or latest October, we will have sealed the agreement,” Ruto said. He emphasized that the pact would boost exports of avocados, tea, coffee, and macadamia nuts to China’s population of over one billion people.
China has also announced a broader initiative to scrap tariffs on imports from all 53 African countries it has diplomatic relations with. This comes after a high-level meeting in Changsha, where Chinese and African leaders discussed trade expansion and policy cooperation.
According to China’s foreign ministry, Beijing is eager to welcome high-quality African products, signaling a shift towards more balanced trade partnerships. Experts believe this could help African nations reduce their deficits with China, which last year stood at a staggering Ksh.8 trillion.
Analysts say China’s renewed interest in African markets is also backed by its pledge of 360 billion yuan in credit and investments over three years. This move could revitalize infrastructure and development funding that had slowed during the pandemic.
As Kenya positions itself at the forefront of African trade reforms, Ruto’s administration is banking on strategic diplomacy to spur economic growth and open up new opportunities for Kenyan farmers and exporters.
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