Both sides also discussed developments of the GERD negotiations, and relations among Nile Basin countries.Bounded by the Nile River, both states' heads met last year in Nairobi to celebrate historic ties, and ensure continuity of improving trade. President Abdel Fatah al-Sisi promised to guarantee fair use of the waters of the world's longest river. Both leaders agreed to increase the bilateral trade to $1 billion over two years, after the trade volume reached $451 million in 2016. They also discussed importance of conclusion of bilateral agreements on the avoidance of double taxation to protect investment opportunities.Kenya’s major export to Egypt is tea, which comprises 96 per cent of the goods sold to the North African country. Egypt sells here manufactured goods which include sugar and sanitary products, according to the Daily Nation news website.Egypt and Kenya are member states of the free trade area of COMESA.

Source: Egypt Today December 07, 2018 09:22 UTC