KENYA TO DEEPEN TRADE TIES WITH NAMIBIA, RWANDA AND ZAMBIA

Newly elected Kenyan President, Uhuru Kenyatta seeking to strengthen trade ties with Namibia, Rwanda and Zambia.

Speaking after his official inauguration on Tuesday, November 28^th, 2017, Kenyan President, Uhuru Kenyatta who held  bilateral talks with Presidents of Namibia, Rwanda and Zambia, said he plans to boost inter-regional relations with the three States.

Kenya have already existing trade ties with Tanzania and Uganda, as they are major export destinations for the East African nation. Although being a power house in the tea export sector, Kenya is looking at benefiting from the development of its other sectors, including its emerging textile  industry.

Kenya mainly exports garments to the United States, traded under the terms of the African Growth and Opportunity Act (AGOA), but they are facing stiff competition from the more experienced Asian market and as such are in search for partners both foreign and domestic, to help support the sector.

Kenyatta met with Rwanda’s President Paul Kagame to discuss ties within the East African Community (EAC) as the duo are already fast tracking integration within the Community by easing the movement of goods and people within their territories.

There are also plans to increase trade margins with Zambia, as Zambia’s president, Edgar Lungu wants Kenya to help develop its Horticulture sector while Namibia’s President Hage Geingob has mentioned Kenya as a strategic partner and plans to increase trade cooperation between the two countries.