Kenya is set to enjoy zero tariff treatment if a proposed partnership between China and 53 African countries is agreed.
In a letter to ministers of the Forum on China-Africa Cooperation (FOCAC), Chinese President Xi Jinping said that it would be available once the leaders of the continent negotiate and sign the agreement of China-Africa Economic Partnership for Shared Development.
President Jinping identified two main areas of opportunity: first, to deepen the implementation of the ten partnership actions for modernisation, and second, to strengthen cooperation in key projects." He stated that cooperation in the green industry, e-commerce and e-payment, science and technology, and artificial intelligence, along with enhanced security, finance, and rule of law initiatives, would promote the high-quality development of China-Africa cooperation.
An image of Chinese and Kenyan officials during the signing of seven deals by Chinese companies that intend to invest in Kenya with new projects.
