Economy
Kenya And Tanzania Agree To Remove Trade Barriers
Kenya and Tanzania have signed a landmark deal aimed at eradicating trade barriers between the two nations.
The agreement will enable Kenya to resume exporting key commodities to Tanzania such as tea, as well as facilitate the clearance of Konyagi and timber from Tanzania.
The milestone was achieved during the 8th Joint Trade Committee Meeting, co-chaired by Trade Cabinet Secretary Rebecca Miano and her Tanzanian counterpart Stephen Dyabato.
Miano noted that 56 out of the 68 identified trade challenges have been successfully resolved, a testament to the collective commitment to seamless trade between Kenya and Tanzania.
“This significant milestone underscores our commitment to fostering closer cooperation and collaboration with Tanzania to unlock business opportunities, drive economic growth, and enhance the prosperity of our people,” said Miano.
Consequently, 14 key issues were addressed, including the harmonization of levies, fees, charges, and other trade-related conditions.
Both countries further reiterated their resolve to address any trade-related issues with a forward-looking approach, aiming to surpass the USD 1 billion annual trademark.
The meeting, held in Kisumu from March 18 to March 22, came after directives from Presidents William Ruto and Samia Suluhu Hassan to resolve trade barriers between the two East African nations.
Kenya Insights allows guest blogging, if you want to be published on Kenya’s most authoritative and accurate blog, have an expose, news TIPS, story angles, human interest stories, drop us an email on [email protected] or via Telegram
Who Architected the Ksh 4.8 Billion Fuel Scandal? Two CSs Now Caught in the Storm
THE ZAKHEM-ECOBANK MACHINE: How Kenya’s Courts Were Weaponised to Drain a State Corporation of Over KES 78 Billion
Poison at the Pump: How Kenya’s Fuel Marking System May Be Exposing Millions to Cancer-Causing Chemicals
Inside Nyayo House: The Kitchen Cartel That Demands Sh100,000 for a Stove
JSC Rot: “Why I Paid Over Sh4 Million for a High Court Slot” — Explosive Claims by ‘Incoming Judge’
Fly 748 Is Back And Flies You To Mombasa From Just Sh6,500
KRA Introduces WhatsApp Tax Filing and How It Works
Trump Says Iran War Almost Over, Warns Of Weeks More Heavy Strikes
Sold And Abandoned: How Diageo and Asahi Are Locking Kenya’s EABL Minority Shareholders Out Of East Africa’s Biggest Corporate Heist
Treasury Hands Sh358M Brief to Eric Gumbo’s Firm While Bypassing Standard Rules — and the Lawyer Is Already Deep Inside Ruto’s State Machine
Tuju Forcefully Removed From His Karen Property With Masked Officers In Unmarked Vehicles In Early Morning Raid
How Little-Known Pesa Print, Linked to State House Tycoons, Won NTSA Tender Worth Sh42 Billion in Traffic Fines
Named: Havi Says Mutava Confessed He Was Collecting The Bribe For Lady Justice Josephine Mongare, So Why Is JSC Still Silence?
The Man With The Golden Pen: How NLC’s Joel Ombati Is Accused Of Masterminding Kenya’s Biggest Infrastructure Land Heist
‘They Will Eat You Alive’: Retired Teacher Warns Against Bashy African Credit as Sh500,000 Loan Spirals Into Sh1.5 Million Fight
THE HANDSHAKE THAT BECAME A NOOSE: How Tuju’s Alleged Intimate Access to EADB’s Yeda Apopo Produced a Sh294 Million Deal With No Written Contract, and Why That Trust Destroyed an Empire
Waweru’s Bank Pockets Sh1.16 Billion from KPC IPO While Ordinary Kenyans Fled the Sale
Forged Legacy: How Kaplan and Stratton’s Peter Gachuhi Is Accused of Faking a Top AG’s Will as State Claims Damning Evidence
Men Linked to Akasha Drug Dynasty Charged With Death Threats and Assault at Nairobi Nightclub
The New Master of the Nation: How a Tanzanian Billionaire With a President in His Pocket Just Bought Kenya’s Most Powerful Press
-
Business2 weeks agoTHE HANDSHAKE THAT BECAME A NOOSE: How Tuju’s Alleged Intimate Access to EADB’s Yeda Apopo Produced a Sh294 Million Deal With No Written Contract, and Why That Trust Destroyed an Empire
-
Investigations6 days agoForged Legacy: How Kaplan and Stratton’s Peter Gachuhi Is Accused of Faking a Top AG’s Will as State Claims Damning Evidence
-
News1 week agoMen Linked to Akasha Drug Dynasty Charged With Death Threats and Assault at Nairobi Nightclub
-
News1 week agoCity Lawyer Kimani Wachira Caught Up In Bribery Web Fights Claims
-
Business6 days agoHow Firm Linked To Mombasa Tycoon Jaffer Was Allowed To Import Fuel At Bloated Price And Set To Make Billions In Profits From Iranian War Crisis In Kenya
-
News5 days agoTreasury Hands Sh358M Brief to Eric Gumbo’s Firm While Bypassing Standard Rules — and the Lawyer Is Already Deep Inside Ruto’s State Machine
-
Business5 days agoSold And Abandoned: How Diageo and Asahi Are Locking Kenya’s EABL Minority Shareholders Out Of East Africa’s Biggest Corporate Heist
-
Business6 days agoTHE BANK THAT BROKE THE TRUCKER: How NCBA’s Asset Financing Empire Is on Trial Before London’s Most Feared Arbitral Tribunal