Friday, May 18, 2018

Kenya Concerned about Trade with China

Kenya's Business Daily published on 15 May 2018 an article titled "Kenya Rejects China-EAC Trade Pact" by Boniface Otieno.

Kenya's long-standing and large trade deficit with China was highlighted when Kenya announced that it will not sign a free trade agreement with China that has been under negotiation with the East African Community (EAC) since 2016. The decision is intended to protect Kenya's nascent manufacturing sector from being overrun by China's cheaper and more efficient producers.

No comments:

Post a Comment