The agreement allows 98.2% of Kenya's export goods duty-free access to the Chinese market. Kenya has struck a preliminary trade agreement with China that allows 98.2% of its export goods duty-free market access, its trade ministry said on Thursday, adding the two sides had been holding discussions in search of a full bilateral trade deal. The East African nation has been forging closer ties with China, with President William Ruto making a state visit to Beijing last year , where a number of financing and cooperation agreements were signed. "We have initiated discussion with China to negotiate a bilateral trade agreement," Kenya's trade ministry said in a statement, disclosing the talks for the first time. "These engagements have resulted in a preliminary agreement." Ruto has defended the rapprochement with China against criticism from some US officials, saying Kenya has to export more goods to the Asian economy to close a trade gap heavily tilted in Beijing's favour.
Kumbukumbu za habari
Sehemu hii inaonyesha habari za kumbukumbu pamoja na tarehe zake za awali za kuchapishwa. Habari imeonyeshwa katika lugha yake ya asili.
Kenya gets 'duty free' access to China in preliminary trade deal
The agreement allows 98.2% of Kenya's export goods duty-free access to the Chinese market. Kenya has struck a preliminary trade agreement with China that allows 98.2% of its export goods duty-free market access, its trade ministry said on Thursday, adding the two sides had been holding discussion...
Kwa muhtasari
The agreement allows 98.2% of Kenya's export goods duty-free access to the Chinese market. Kenya has struck a preliminary trade agreement with China that allows 98.2% of its export goods duty-free market access, its trade ministry said on Thursday, adding the two sides had been holding discussion...