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Kenya, TZ manufacturers push for elimination of trade barriers


Kenya, TZ manufacturers push for elimination of trade barriers
NEWS
Trucks at the Namanga border. [Peterson Githaiga, Standard]
Manufacturers from Kenya and Tanzania have called for the expedited resolution of non-tariff barriers (NTBs) and review of the East African Community Common External Tariff on the back of unsatisfactory trade levels in the last few years.
Kenya’s exports to Tanzania declined from $342.9 million (Sh37 billion) in 2016 to $294.9 million (Sh32 billion) in 2020, while its exports to the rest of the world grew from $5.7 billion (Sh615 billion) in 2016 to $6.02 billion (Sh650 billion) in 2020.
On the other hand, Tanzania’s exports to Kenya grew from $126.2 million (Sh13.6 billion) in 2016 to $258.2 million (Sh27.8 billion) in 2020. ....

Dan Kazungu , Kenya Association Of Manufacturers , African Community Common External Tariff , Confederation Of Tanzania Industries , East African Community Common External Tariff , Kenya Association , Tanzania Industries , Dar Es Salaam , High Commissioner , Tanzania Dan Kazungu , Her Excellency , கேந்ய சங்கம் ஆஃப் உற்பத்தியாளர்கள் , கூட்டமைப்பு ஆஃப் தான்சானியா தொழில்கள் , கேந்ய சங்கம் , தான்சானியா தொழில்கள் , தார் எஸ் சலாம் , உயர் ஆணையர் , அவள் மேன்மை ,

Kenya faces revenue, job losses as House ratifies UK trade deal


Kenya faces revenue, job losses as House ratifies UK trade deal
March 12, 2021
By DAVID MWERE Kenya is staring at massive losses in revenue following the ratification of the Economic Partnership Agreement with the United Kingdom.
The National Assembly ratified the EPA on Tuesday, opening the local market to about 1,934 products from the UK, whose import tariff will either be lowered or zero-rated.
The pact, which expires in 25 years, has been adopted at a time the country is facing challenges in financing its obligations.
Although the EPA allows for gradual and partial reduction of tariffs, from 95 per cent of the basic duty followed by total elimination, fears abound that a majority of imports are likely to be subjected to zero duty at the point of entry. ....

United Kingdom , Econews Africa , Godfrey Osotsi , Edgar Odari , Big Four , Economic Partnership Agreement , Standard Gauge Railway , African Community Common External Tariff , National Assembly , Railway Development Levy , Kenya Revenue Authority , Policy Statement , President Kenyatta , East African Community Common External Tariff , Import Declaration Fees , United Kingdom Kenya , ஒன்றுபட்டது கிஂக்டம் , எட்கர் ஓடறி , பெரியது நான்கு , தரநிலை பாதை ரயில்வே , தேசிய சட்டசபை , ரயில்வே வளர்ச்சி வசூல் செய்தல் , கேந்ய வருவாய் அதிகாரம் , பாலிஸீ அறிக்கை , ப்ரெஸிடெஂட் கெநியாட , இறக்குமதி அறிவிப்பு கட்டணம் ,