Trade –Kenya and the United States of America USA are in the process of negotiating a trade agreement together, which is set to be finalised by the end of this year.
US Ambassador to Kenya, Meg Whitman, addressing in the ongoing Devolution Conference in Eldoret Uasin Gishu County, advised the current administration to make the country a better investment haven for quick growth.
Whitman noted that transparent and fair taxes for both the foreign and citizens of this country will help attract immense growth of the economy through rise in investments.
While doing this, Ambassador Whitman emphasized the need for standardized taxes that can be consistent with all and sundry across board.
“All of you know that more needs to be done but that is why the Finance Bill had many changes that will make Kenyan tax policies more consistent and therefore more bankable by foreign direct investments,” Ms Whitman said in her remarks in Eldoret.
Should Kenya continue on the rightful trajectory, the U.S diplomat promised tol finalise negotiating a trade agreement with Ruto; an exercise that will be completed by December 2023.
This agreement, she added, will be the base model for the rest of Africa and, even the world at large.
The diplomat further observed at the 8th Devolution Conference 2023 that Kenya continues to be attractive to the foreign powers and business community due to the local talent available.
She mentioned sports and technology as playing an integral role in pulling the U.S close to the heart of Kenya.
On his part, President Ruto assured the diplomatic community that his leadership is working days and nights to weed out the remaining spots of corruption in government.
