27 US Multi-billion investors to hold trade talks with William Ruto
US Multi-billion investors set to hold trade talks with President William Ruto and other government officials.
27 multi-billion company representatives are expected to jet into the country on or before October 31 for trade talks with President William Ruto and other government officials.
Jewel Bronaugh, the deputy secretary of agriculture, will lead the team, which includes exporters of agricultural products.
According to a statement from the US Department of Agriculture (USDA), the team will look to reach agreements to sell more of their goods in Kenya and throughout Africa.
Some of the businesses participating in the week-long excursion are involved in the export and production of food.
The delegations will also meet representatives from neighbouring Tanzania under President Samia Suluhu.
“During the week-long trade mission, US participants will meet with potential importers, processors, and distributors from Kenya and Tanzania, as well as other East African nations, to establish trade relationships and expand opportunities for US agricultural exports.
“In addition, US federal and state officials will engage with government counterparts on trade-related policies that will advance US interests and strengthen bilateral relations in the region,” read the statement in part.
On her part, Bronaugh stated that Kenya was vital in the trade as US exporters view the country as an entry point for their products.
“This trade mission will provide first-hand knowledge of market conditions and opportunities in East Africa and expand awareness about US agricultural and food products in the region,” she stated.
The delegation adds to the list of key US officials President William Ruto has met since his inauguration on September 13.
Ruto has previously indicated that his administration sought to strike more trade deals with President Joe Biden’s administration, noting that the US had overtaken the UK to become a major trading partner.
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