On the other hand, Tanzania’s exports to Kenya grew from $126.2 million (Sh13.6 billion) in 2016 to $258.2 million (Sh27.8 billion) in 2020. The country’s exports to the world grew from $4.4 billion (Sh475 billion) in 2016 to $5.2 billion (Sh561 billion) in 2020. Speaking during a trade investment forum hosted by Kenya Association of Manufacturers (KAM) and Confederation of Tanzania Industries held from Wednesday to Friday in Dar Es Salaam, Tanzania, Kenya’s High Commissioner to Tanzania Dan Kazungu said the elimination of trade barriers would boost trade significantly. “The visit by Her Excellency the President of Tanzania, Samia Suluhu, heralded a new dawn in the relationship between Kenya and Tanzania,” he said. “Let us take advantage of this enhanced friendship to resolve outstanding non-tariff barriers that hinder trade between the two countries.

Source: Standard Digital July 10, 2021 06:00 UTC