Belgian Ambassador Nicholas Nihon when he presented his credentials to President Uhuru Kenyatta at State House Nairobi. Kenya is yet to fully exploit trade opportunities with the European Union; Belgian Ambassador Nicolas Nihon has said. The envoy said while Belgium’s annual exports to Kenya stand at Sh11 billion, Kenya exports about Sh8 billion worth of goods to the Belgian market. According to figures from UNCTAD's 2020 World Investment Report, Kenya's foreign investments remain relatively weak considering the size of its economy and its level of development. Although the Kenyan government has always approached us for more, there is always a limit to what the Kenyan Treasury can sustain,” he said.

Source: Standard Digital June 16, 2021 12:41 UTC