On July 31, Kenya’s Deputy President launched the Kenya National AGOA Strategy and Action Plan 2018 – 2023, which aims to double Kenya's 2016 export value to U.S. from US$552 million to US$1,105 million by 2023. In addition to strengthening U.S.-Kenya trade, the strategy will contribute to Kenya’s Big Four agenda. AGOA and the Generalized System of Preferences (GSP) offer preferential access to the U.S. market for 6,421 eligible product tariff lines. By leveraging these products’ duty-free access to the U.S., Kenya can increase export earnings and investment, providing a significant boost to its efforts to advance industrialization, create jobs and improve prosperity and well-being.
“[W]e look to [the AGOA Strategy] to guide our effort to raise the volume of our exports to the US, and to widen their range. I wish, on behalf of the Kenya Government, to thank the Government of the USA, for its support in the development of the AGOA Strategy; we look forward to our continued collaboration,” said President Uhuru Kenyatta (in a speech read by the Deputy President William Ruto).
USAID, through the Hub, supported the Ministry of Industry, Trade and Cooperatives and Kenya’s private sector to develop the strategy. The Hub provided technical assistance to the Ministry to review the achievements of the Kenya National AGOA Strategy (2012-2016), which was also supported by USAID; map Kenya’s trade with the U.S.; identify sectors with competitive export products; assess supply-side challenges and determine strategic action plans.
AGOA has been the cornerstone of U.S. economic engagement with Kenya and other sub-Saharan African countries since it was signed into law by the U.S. Congress in 2000, and has shifted the focus of U.S.-Kenyan economic relations from aid to trade and investment.
"We took advantage of direct coffee sales and we are now selling to the U.S. We hope with the new strategy we can better utilize the AGOA opportunity," said Lucy Murumba, CEO, Kenya Coffee Cooperatives Exporters.