Economic Diplomacy and Development: Analysis of Kenya’s New Diplomatic Niches and the Realization of Vision 2030

Abstract

Vision 2030 is Kenya‟s guiding development policy geared towards development in all aspects of the economy. In order to realize this objective it requires partners in trade not only within its borders but also from international partners both regionally and globally. Economic diplomacy becomes an essential tool to reach international partners through bilateral and multilateral diplomatic engagements on matters trade and investment. Data for this study was obtained from secondary sources. This was descriptive contained in notes form. Guided by the objectives of the study, the data was arranged according to conceptual themes. The Economic diplomacy niches available for Kenya, Economic diplomacy strategies to be employed by Kenya to realize Vision 2030: Impact of economic diplomacy on Kenya‟s economy and lastly conclusion and recommendations. The study established that in the changing global practices in diplomacy more countries are now relating more on trade as opposed to political interest and this clears call for Kenya to embrace economic diplomacy in its foreign policy.