The 14 original accords announced by President William Ruto at the American Chamber of Commerce Summit (AMCHAM) in Nairobi in March have been expanded upon by US Ambassador to Kenya Meg Whitman during the ongoing trade mission.
Six new co-investments totaling $55 million (Sh7.5 billion) in the clothing industry have been agreed upon by Kenya and the US. This takes the total number of agreements secured in the past month to 20, as the administration actively lobbies for greater US investment. Trade, Investment, and Industry CS A roadshow in New York is part of a trade expedition that Moses Kuria is leading to the United States.
Whitman points out that recent events show how committed the US is to enhancing its economic ties with Kenya.
