This is a VERY Huge Deal that Will Change Kenya,s Fortunes FOREVER

News & Politics
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Does the Kenya-US free trade deal signal Nigeria’s fall from grace?
By Oluwatosin Adeshokan
Posted on Thursday, 20 February 2020 15:13

Nigeria’s President Muhammadu Buhari is seen at the opening of the 33rd Ordinary Session of the Assembly of the Heads of State and the Government of the African Union (AU) in Addis Ababa
Nigeria’s President Muhammadu Buhari is seen at the opening of the 33rd Ordinary Session of the Assembly of the Heads of State and the Government of the African Union (AU) in Addis Ababa, Ethiopia, February 9, 2020. REUTERS/Tiksa Negeri
Nigeria has not managed to convince international investors - including those in the US - that it should be first in line for a post-AGOA deal.

The government of Kenya and the United States of America plan to sign a free trade agreement (FTA), continuing the duty-free access Kenya has to the US market.

It’s a first in sub-Saharan Africa, and patriots in Nigeria were surprised that the East African nation with a GDP of $100bn was chosen over the West African nation with a GDP of $450bn.

While some see the FTA with Kenya as a way for Washington to counter Chinese influence in East Africa, others say Nigeria was excluded because it is not exactly a good trade partner.

READ Mike Pompeo’s Africa trip is about China, not Africa

Why it matters
After enjoying recognition as the giant of Africa and the biggest economy in sub-Saharan Africa, Nigeria may have reached the end of its run.

There have been a string of foreign policy losses:

France taking over the conversation about the West African eco, ignoring the agreements of ECOWAS heads in Abuja,
The delaying signing the AfCFTA agreement, instead of spearheading the agreement,
Losses against the so-called Islamic State,
Strained relations with its neighbours especially in Ecowas – such as Benin
Recently, Nigeria landed on Donald Trump’s infamous Travel Ban 2.0, a testament to the declining fortunes of the once most important African country.

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That is huge if implemented, it would change even our production and consumption pattern. Our agricultural product especially tea, coffee and cut flowers would access that market. But how will america gain when their products are of high quality and therefore expensive, na sisi tumezoea fake china goods.

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Let’s wait and see how our leaders will behave , Mchinku gave us lots of grants,and we all know what happened.

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Free trade strengthens already strong economies and weakens those that are weak.

look how quick the US slaps tariffs on whichever country whenever their president feels like and instead of reducing our overall trade with them, we are trying to increase it??

How can people this stupid have survived this long?

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There is no free trade. Its all about give and take. Elders Rudini kwa history na vitabu

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your small brain clearly has no understanding what the term means. if you were to try and comprehend this complex term, your body would crumble as your mind collapse into madness.