Title:Post Budget Analysis 2017/18
Comparative Study of Kenya US, EU And China Trade and Investment RelationsIEA Kenya
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Post Date: 28 March 2017
The historical relations between Kenya and China dates back centuries to the era of barter trade, in which there were exchanges of goods and services along the Kenyan coastline as archeological findings have shown. Kenya gained its sovereign status in 1963 and has enjoyed good relations politically, economically and socially, with its close border neighbors; Uganda, Tanzania, Rwanda and Burundi that together they form the East African Community (EAC), and the rest of the countries on the African continent, as well as other countries in the rest of the world. Trade forms a basic pillar of the relations between different states worldwide. Kenya has maintained trade relations with the United States of America (USA), as well as with China, which is steadily on the rise in terms of trade on the world stage, and the European Union (EU), which has been, for a long time Kenya’s trading partner. Once a colony of the British Empire, this did not close the link between both countries as trade has been maintained from then to date.