US EditionKenya Strikes Preliminary Duty-Free Trade Deal with China
The preliminary deal removes tariffs on 98.2% of Kenyan exports to China, focusing on agricultural goods to reduce a $4.27 billion trade deficit, pending parliamentary approval.
- On Thursday, Trade Minister Lee Kinyanjui announced Kenya secured zero-duty access for 98.2 percent of its exports to China under an Early Harvest Arrangement.
- Following Washington's tariff changes and AGOA uncertainty, last month's quiet talks produced an Early Harvest Arrangement giving Kenya immediate access to China markets.
- Statistics show Kenya ran a 549.82 billion shillings trade deficit with China in 2024, while both governments agreed to convert some loans into Chinese yuan to lower interest costs.
- Kenyan exporters stand to gain from the deal, which aims to diversify markets and boost agriculture, but Kenyan parliament must ratify the arrangement before it takes effect, Kinyanjui said.
- Amid China's wider tariff removals for 53 African nations, U.S. lawmakers and media have scrutinised Kenya's China ties while Kenyan officials dismissed claims that U.S. pressure delayed the deal.
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18 Articles
Kenya Wins Near-Zero Tariff Access for Exports to China
Nairobi -- Kenya has secured a preliminary trade deal with China that will allow 98.2 percent of Kenyan exports to enter the Chinese market duty-free, a move expected to boost exports and ease the country's trade deficit.
A Kenya-China agreement, announced two days after the approval of a three-year extension of the Agoa, will allow 98.2% of Kenyan exports to be sold in China without customs duties, but it still needs to be ratified by the Kenyan Parliament.
Kenya Secures Duty-Free Access to China in Preliminary Trade Deal
NEWS BRIEF Kenya struck a preliminary trade deal with China that would grant 98% of its exports duty-free access to the Chinese market, the Nairobi government announced Thursday, as the East African nation deepens ties with Beijing while simultaneously negotiating a separate bilateral trade accord with the Trump administration. The deal, reached last month through […] The post Kenya Secures Duty-Free Access to China in Preliminary Trade Deal app…
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