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Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.

 

Kenya and China pens Agricultural exports deal

Friday, January 11, 2019 > 09:54:02
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African Daily Voice

JOHANNESBURG, SOUTH AFRICA (ADV)- President Uhuru Kenyatta’s Chief of Staff, Nzioka Waita disclosed to media that Kenya and China recently signed an agreement allowing the East African country to export various agricultural products to China.



President Uhuru Kenyatta’s Chief of Staff, Nzioka Waita. Photo: File Photo.

According to this senior Kenyan government official, the agreement on food, plant and animal safety – known as sanitary and phytosanitary measures – had been reached between the two after a week of negotiations.

Writing on his Twitter page, Waita said the agreement would pave the way for Kenya to start exporting a selection of fruit and vegetables, flowers and meat to China.

Reports suggest that China has become Kenya’s biggest trading partner, accounting for 17 percent of the East African nation’s annual trade by value or more than $4 billion, heavily tilted in China’s favour.

Fruits, vegetables and flowers are already a key foreign exchange earner for Kenya, bringing in 115.3 billion shillings ($1.13 billion) in 2017 from 101.5 billion shillings a year earlier. At present, their major market is Europe.

As a growing trend for African nations, Kenya has also turned to China over the past few years for funds, technology and equipment to develop its infrastructure, including its biggest project since independence, a $3.2 billion railway linking Mombasa to Nairobi, which was opened last year.

Last month, Reuters quoted a senior executive of Standard Chartered Bank in China saying that the Asian economic powerhouse could boost its imports from African nations like Kenya in the wake of a trade war with the United States.


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