The American Chamber of Commerce (AmCham) Kenya has declared that the third AmCham Business Summit will be held in Nairobi on March 29 and 30 this year.
It aims to improve two-way commerce and investment between the United States and the East Africa region by bringing together more than 500 East African and American delegates.
The announcement of the forum comes at a time when it appears that the government is taking a protectionist stance in favor of regional small-scale traders, a decision that has drawn criticism from a number of places.
Moses Kuria, the cabinet secretary for trade and investment, announced on Friday that he had asked Kenyatta University to purchase the lease for China Square, a well-known shop run by a Chinese national, and turn it over to the Gikomba, Nyamakima, Muthurwa, and Eastleigh Traders Association.
He claimed that the government wanted outsiders to enter the country as producers rather than traders.
The summit will examine ways to advance inclusive and sustainable development while increasing US investment in the area as the region continues to struggle with high inflation, according to AmCham Kenya CEO Maxwell Okello (pictured).
Resilient future “Our vision is that strategic partnerships between governments and key stakeholders in the private sector will be strengthened at the Summit even as we seek new pathways for a resilient future. We look forward to exploring how we can leverage the dynamism in Africa’s economies to fast-track recovery and growth,” he said.
The Summit is expected to drive new ideas on re-energising the region’s economy through two-way trade and investment with the United States. It comes when the United States and Kenya have just concluded first round of talks on the US – Kenya Strategic Trade and Investment Partnership (STIP).
The American Chamber of Commerce (AmCham) Kenya has declared that the third AmCham Business Summit will be held in Nairobi on March 29 and 30 this year.
It aims to improve two-way commerce and investment between the United States and the East Africa region by bringing together more than 500 East African and American delegates.
The announcement of the forum comes at a time when it appears that the government is taking a protectionist stance in favor of regional small-scale traders, a decision that has drawn criticism from a number of places.
Moses Kuria, the cabinet secretary for trade and investment, announced on Friday that he had asked Kenyatta University to purchase the lease for China Square, a well-known shop run by a Chinese national, and turn it over to the Gikomba, Nyamakima, Muthurwa, and Eastleigh Traders Association.
He claimed that the government wanted outsiders to enter the country as producers rather than traders.
The summit will examine ways to advance inclusive and sustainable development while increasing US investment in the area as the region continues to struggle with high inflation, according to AmCham Kenya CEO Maxwell Okello (pictured).
Resilient future “Our vision is that strategic partnerships between governments and key stakeholders in the private sector will be strengthened at the Summit even as we seek new pathways for a resilient future. We look forward to exploring how we can leverage the dynamism in Africa’s economies to fast-track recovery and growth,” he said.
The Summit is expected to drive new ideas on re-energising the region’s economy through two-way trade and investment with the United States. It comes when the United States and Kenya have just concluded first round of talks on the US – Kenya Strategic Trade and Investment Partnership (STIP).
