Kenya could triple export revenues if the newly signed continental trade agreement is fully embraced. This will bring Sh1.53 trillion in revenues from trade, with the signing of the Africa Continental Free Trade Agreement, Kenya Association of Manufacturers has said. The trade pact includes Protocol on Trade in Goods, Protocol on Trade in Services and Protocol on Dispute Settlement. It will also address licensing rules and quotas presented in non-tariff barriers. “The AfCFTA also provides for mechanisms on addressing non tariff barriers which has been a major hindrance to intra-African Trade,” he said.

Source: The Star April 17, 2018 21:22 UTC