There is a need for trade expansion between the United States of America and Kenya.
President William Ruto said the two countries must widen and diversify commerce for their economic growth.
“The U.S.-Africa Summit presents the opportunity for us to trade more,” he said.
He was speaking on Friday during the Executive Business Roundtable and Investment Forum in Washington, D.C, United States of America.
He explained that two countries enjoy long-running ties of friendship and cooperation, offering foundation for sustained economic relations.
He noted that for the globe to defeat poverty and and inequality, countries must escalate partnerships that spur investments.
President Ruto told the Forum that Kenya offers the added advantage of its geostrategic address as an additional compelling attraction to foreign businesses.
“Kenya has an elaborate and robust policy and legal framework that guide the conduct of trade and investment.”
He said the Government will continue pursuing pro-business policies and incentives, a demonstration that Kenya is indeed an investment destination of choice.
There is, therefore, the President went on, a compelling case to invest in Kenya, a promising market for investments with immense untapped opportunities.