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Kenya and Tanzania to end trade disagreement
(MENAFN) Kenya and Tanzania have agreed to put an end to trade dispute, preparing for an increase in intra-East Africa Community (EAC) trade.
Both countries have had a bumpy trade relation in the last few years, dropping Kenya's exports to Tanzania by 60 percent in the first six months of last year.
Chris Kiptoo, the Principal Secretary in the Ministry of Trade for Kenya and Elisante Ole Gabriel, the Permanent Secretary in the Ministry of Trade for Tanzania said "We have agreed to resolve the none-tariff barriers."
They also said: "The two Partner States recognized each other as significant trading partners and underscored the importance of ease of market access for each other's products and services."
Both countries have had a bumpy trade relation in the last few years, dropping Kenya's exports to Tanzania by 60 percent in the first six months of last year.
Chris Kiptoo, the Principal Secretary in the Ministry of Trade for Kenya and Elisante Ole Gabriel, the Permanent Secretary in the Ministry of Trade for Tanzania said "We have agreed to resolve the none-tariff barriers."
They also said: "The two Partner States recognized each other as significant trading partners and underscored the importance of ease of market access for each other's products and services."
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