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Kenya seeks to increase exports via pact with United Arab Emirates

A new trade deal being negotiated with the United Arab Emirates is expected to open this market to Kenya's coconuts and potatoes, among other agricultural products. In July, the two countries started talks on the United Arab Emirates-Kenya Comprehensive Economic Partnership Agreement (UAEK-CEPA) to increase the volume of trade in goods and services and investment.

Johnson Weru, the Trade and Enterprise principal secretary: “This is the latest agreement we have and we hope will continue with it under President William Ruto. It is ready for negotiation and have paused it for the transition and Emiratis are eagerly waiting for us to go back to the table.”

He said this will be a big test for Nairobi because this is the first time the country will be negotiating directly with the Middle East.

Dubai, as the commercial and trading hub of the Middle East, has long been regarded as the gateway of trade between Kenya and the rest of the world. Kenya's main exports are made up of fruits, tea, cut flowers and sheep and goat meat.


Source: businessdailyafrica.com

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