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Biden ally backs Kenya-US trade deal proposal


Biden ally backs Kenya-US trade deal proposal
Friday February 12 2021
US President Joe Biden. The United States Chamber of Commerce is urging President Biden to seal a new trade deal with Kenya, which was initiated by his predecessor Donald Trump. PHOTO | AFP
By BRIAN NGUGI
Summary
A key US lawmaker who heads a crucial legislative committee charged with matters related to international trade and the negotiation and implementation of reciprocal agreements has backed the proposed deal with Kenya.
Mr Richard Neal said he is confident negotiations for the free trade agreement (FTA) trade pact which was initiated former President Donald Trump will be concluded. ....

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Key House Democrat Hopeful for U.K., Kenya Trade Deals in 2021


Key House Democrat Hopeful for U.K., Kenya Trade Deals in 2021
Bloomberg
09/02/2021
Eric Martin
(Bloomberg) A key House Democrat said he’s hopeful that talks for free-trade deals with the U.K. and Kenya can be completed this year even as President Joe Biden focuses on enforcement of existing agreements with the U.S.’s biggest partners.
The successful negotiation to avoid a physical frontier dividing the island of Ireland after Britain’s departure from the European Union should allow U.S. work with Britain to move forward, Richard Neal, head of the Ways & Means Committee responsible for trade, said Tuesday. The U.S. began talks with Kenya in July as part of a push for bilateral agreements with African nations. ....

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EU, UK envoys see better chance for global tax progress under Biden


2 Min Read
WASHINGTON (Reuters) - The British and EU ambassadors to Washington said on Monday they were encouraged by signs the Biden administration will re-engage in talks on reforming global tax rules for digital companies after discussions stalled under former President Donald Trump.
European Union Ambassador Stavros Lambrinidis told a trade conference he felt “great optimism” that Treasury Secretary Janet Yellen had shown a willingness to return to talks led by the Organization for Economic Cooperation and Development, adding it was “obvious that digital companies have to pay more tax. It’s just the fair . thing to do.”
Britain’s ambassador to the United States, Karen Pierce, said her country had imposed a unilateral digital services tax in theory, but was not collecting it “precisely to encourage the administration to come and negotiate with us and others.” ....

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