According to President William Ruto, the Strategic Trade and Investment Partnership (STIP) Agreement between Kenya and the United States is nearing completion, signaling a move toward enhancing the two countries' already strong ties.

Ruto stressed the importance of the collaboration in a post on X, emphasizing how it would help to advance commerce and investment.

"The development of our shared prosperity is a key concern in Kenya-US ties. After speaking on the phone with U.S. President Joe Biden on Tuesday, Ruto declared, "We are moving quickly to finalize a Strategic Commerce and Investment Partnership (STIP) agreement, which will anchor expanded commerce, enhance manufacturing, generate employment, and encourage investment between our nations.



President Ruto's address emphasized essential areas of shared interest crucial for achieving significant economic results.

He continued, "We are incredibly excited about working together on infrastructure development, renewable energy initiatives, sustainable manufacturing, and empowering Micro, Small, and Medium-sized Enterprises (MSMEs), a critical driver of our economic growth.

Ruto also stressed that Kenya and the U.S. would continue to work together to address regional security issues and resolve conflicts.

He said that to allow the Horn of Africa to concentrate on social and economic growth, "we will continue to engage on regional security, conflict resolution, and the fight against terrorism."

The trade pact was announced during the STIP's initial round of negotiations in Nairobi on April 20, 2023.



By doing this, the two governments demonstrated their dedication to fostering inclusive economic growth that benefits consumers, employees, and companies of all sizes, especially Micro, Small, and Medium-Sized Enterprises (SMEs), while promoting regional economic integration in Africa.

After that, in July 2023, Ambassador Katherine Tai of the United States Trade Representative visited Nairobi to speak with President Ruto and other top Kenyan authorities. The discussions centered on keeping the STIP negotiations moving forward and sustaining momentum.

The discussions progressed in nine critical areas, including agribusiness, anti-corruption initiatives, digital trade, environmental sustainability, combating climate change, and worker rights and protections.



Constance Hamilton, an assistant trade representative for the United States, is leading the negotiations with representatives of several government agencies.

Washington, D.C., will host the second round of STIP negotiations in person from October 4–7, 2023.