Browsing: non tariff barriers (NTBs)

• Kenya-Ethiopia trade relations have been on the rise in the past 27 years, with Kenya having the upper hand. 
• Ethiopia, on the other hand, recorded an increase at an annualised rate of 23.7 per cent.
• During the Meeting Kenyan investors also undertook exhibitions showcasing some of their products.

Kenya and Ethiopia have renewed the push to streamline the bottlenecks that are hampering trade growth between the two states. A delegation of the National Assembly to the Kenya-Ethiopia Trade and Investment Mission held in Addis Ababa, Ethiopia, has rooted for the speedy removal of bottlenecks hampering cross-border trade between both Nations.

Kenya and Ethiopia have engaged in bilateral trade across multiple sectors, including agriculture, manufacturing, energy, and services, with the balance of trade hugely in favour of Kenya. In 2022, Kenya exported $95.1M (Sh12.8billion) to Ethiopia, mainly Palm Oil $12.4M (Sh1.7billion), Metal Stoppers $7.95M (Sh1.1billion), and Yeast $6.92M (Sh934million).

This compares …

Other than the trade issues, the session examined and harmonized implementation of decisions across various sectors of bilateral cooperation including immigration, education, transport, communication, defence and security, energy and mineral development among others.

The meeting was a success to say the least, however, it still remains to be seen whether in the wake of the meeting, Ugandan truckers will pay less at the Tanzanian border. With a six month reporting period, a lot can transpire in the interim.

It is now going towards a month since the January sit-down and no ground reports have been publicized as to whether the toll fees have been harmonized for Uganda to match other EAC charges at the Tanzanian border.…

The East African Industry Captains have convened in Arusha, Tanzania at Mt. Meru Hotel, to chart out regional policy priorities geared to spur intra-EAC trade to over 30%.

The regional policy priorities were presented to the EAC Secretary General Dr. Peter Mathuki who assumed office on 23^rd April 2021, in a bid to inform his vision of transforming the EAC into a prosperous, inclusive, trade and investment bloc.

Also Read: EABC calls for standardisation of Covid-19 charges

“As the industry leaders we have analyzed key trade and investment barriers, delaying East African businesses to take full advantage of the EAC Customs Union and Common Market, said Mr. John Bosco Rusagara representing EABC Chairman Mr. Nick Nesbitt at the meeting.

Finalization of the comprehensive review of the EAC Common External Tariff (CET) to boost industrialization and regional value chains; the quick elimination of Non-Tariff Barriers and operationalization of the Committee …