Kenya : President Uhuru roots for new trade ties after Brexit and Trump win - News Summed Up

Kenya : President Uhuru roots for new trade ties after Brexit and Trump win


Operations at the new second container terminal started after first container vessel of over 2000 TEU capacity went alongside berth 21. This comes barely two months after the contractor handed over the 550,000 TEUs 1st phase of the Second Container Terminal project to Kenya Ports Authority. President Uhuru Kenyatta has urged Latin American and Caribbean countries to invest in Kenya. In a speech read on his behalf by Principal Secretary for Trade Chris Kiptoo at the first Latin America Caribbean Africa Trade Summit (LAC AFRICA) in Nairobi, the President said trade volumes between Kenya and the two regions is worryingly low. President Kenyatta noted that of all South American countries that trade with Kenya, only Colombia has a balance of trade deficit which is skewed in Kenya’s favour.


Source: Standard Digital November 24, 2016 20:57 UTC



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