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Mombasa will host the sixth round of the Kenya-United States Strategic Trade and Investment Partnership (STIP) negotiations. The discussion will be centered on workers’ rights, customs procedures, good regulatory practices, and agriculture.
Mombasa will host the sixth round of the Kenya-United States Strategic Trade and Investment Partnership (STIP) negotiations. The discussion will be centered on workers’ rights, customs procedures, good regulatory practices, and agriculture.
The weeklong negotiation is led by Principal Secretary for Trade Alfred K’Ombudo and Assistant United States Trade Representative Constance Hamilton, who have agreed to continue negotiating on high-standard commitments in other areas to increase investment, promote sustainable, inclusive economic growth, and support African regional economic integration.
After the fifth round of negotiations, Trade and Investments Cabinet Secretary Rebecca Miano and United States Trade Representative Katherine Tai committed to concluding the negotiations by the end of the year. The negotiations have made substantial strides in several key areas, such as anticorruption measures, support for micro, small, and medium-sized enterprises (MSMEs), domestic regulation of services, and the initial draft of the agriculture text.
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These provisions are strategically designed to facilitate agricultural trade, combat corruption, empower MSMEs, and ensure fair treatment of service suppliers, all of which are crucial for our economic growth and stability.”