NEW FRONTIERS

Kenya in talks to increase exports to Canada

Kenyan exports to Canada were estimated at $18.71 Million (Sh2.7 billion) in 2022.

In Summary

•Miano said the ministry is negotiating for the expansion of market access through various bilateral, regional, continental, and multilateral agreements.

•In the first edition of the Conference, key themes addressed included renewable energy, agriculture, technology, healthcare, and infrastructure development.

Trade and Investment Cabinet Secretary Rebecca Miano
Trade and Investment Cabinet Secretary Rebecca Miano
Image: HANDOUT

Kenya and Canada seek to strengthen bilateral trade and investment ties, according to Trade and Investment Cabinet Secretary Rebecca Miano.

She said Kenya is keen on improving the business environment with close collaborations with the private sector.

Canada is one of Kenya’s big trade partners with exports estimated at $18.71 Million (Sh2.7 billion) in 2022, according to the United Nations COMTRADE database on international trade.

The value of trade between the two countries has however remained low over years, with imports from Canada declining for two consecutive years, in 2020 and 2021.

The CS said the ministry is negotiating for the expansion of market access through various bilateral, regional, continental, and multilateral agreements.

Miano spoke at the opening of the second form for the Canada-Africa business forum stating that Kenya is the gateway to Africa and that choosing Nairobi as the venue for this 2nd Canada–Africa Business Forum was the best strategy.

“Kenya is the gateway to Africa and therefore your choice of Nairobi as the venue for this 2nd Canada–Africa Business Forum is no doubt strategic," she said.

The first edition of the conference focussed on renewable energy, agriculture, technology, healthcare, and infrastructure development.

 

 

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