US firms suspend investment plans in Kenya, await review of free trade deal team bilateral deal

US firms suspend investment plans in Kenya, await review of free trade deal team bilateral deal

US firms suspend investment plans in Kenya, await review of free trade deal team bilateral deal

US firms have frozen investment plans in Kenya due to uncertainty about a new free trade deal between the two countries.

Many American firms had already begun investing in Kenya, spurred by the prospects of a fresh bilateral trade and investment pact between Washington and Nairobi. Talks on the free trade deal were, however, jolted by the exit of President Donald Trump’s administration late last year.

For more information, please see https://www.theeastafrican.co.ke/tea/business/us-firms-suspend-investment-plans-in-kenya-3493440

Leave a Reply

Your email address will not be published. Required fields are marked *

We take processes apart, rethink, rebuild, and deliver them back working smarter than ever before.