NAIROBI, Mar 25 – Kenya has finalised a trade agreement with China, President William Ruto said on Wednesday, confirming the deal was concluded earlier this week.
Ruto disclosed this while speaking at an investment conference in Nairobi, although he did not provide further details on the terms of the agreement.
The deal follows a preliminary arrangement announced in January, which would allow 98% of Kenyan exports to enter the Chinese market duty-free.
Kenya has in recent years moved to strengthen its economic relationship with China, one of its largest trading partners. The push has included increased diplomatic engagement and trade negotiations aimed at expanding market access.
Last year, Ruto visited Beijing on a state trip where both countries signed several financing and cooperation agreements, particularly in infrastructure and development projects.
Despite growing ties, trade between the two countries remains heavily tilted in favour of China, with Kenya importing significantly more than it exports.
The latest agreement is expected to shape the next phase of trade engagement between the two countries, particularly around export flows and market access.