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Home » News » Kenya and Tanzania agree to solve long standing trade disputes

Kenya and Tanzania agree to solve long standing trade disputes

Last updated: March 23, 2024 10:42 am
2 years ago
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2 Min Read
Kenyan President William Ruto and his Tanzanian counterpart Samia Suluhu Hassan
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Kenya and Tanzania have reached an agreement to address longstanding trade disputes that have hindered commerce between the two nations. The breakthrough came following negotiations led by Kenya’s Trade Cabinet Secretary, Rebecca Miano, and her Tanzanian counterpart, Stephen Byabato, earlier today.

One of the immediate outcomes of the agreement is the clearance of goods for exports that were previously detained at the Namanga border point. Moreover, Tanzania has agreed to permit the import of Kenyan tea into its territory.

In reciprocation, Kenya has pledged to facilitate the clearance of Konyagi spirit and timber at the Namanga and Lunga Lunga/Horohoro border points, respectively. This move is expected to ease trade flow between the two countries.

During the discussions, a total of 14 issues were addressed, with 6 originating from Tanzania and 8 from Kenya. These deliberations also focused on the comprehensive harmonization of levies, fees, charges, and other trade-related conditions.

Furthermore, both parties agreed to handle several issues administratively, streamlining the process for smoother trade operations. Cabinet Secretary Miano emphasized the commitment of Presidents William Ruto and Samia Suluhu to bolstering trade, investment, and economic cooperation between Kenya and Tanzania.

“Their directive to our respective trade ministers underscores our shared determination to tackle all trade-related challenges and foster greater economic synergy,” stated Miano.

The Eighth Joint Trade Committee (JTC) meeting, held in Kisumu, Kenya, from March 18 to 22, 2024, served as a pivotal platform for addressing bilateral trade issues. Looking ahead, the next meeting is scheduled for July 2024 in the United Republic of Tanzania, reaffirming the commitment of both nations to sustained dialogue and cooperation.

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