TRADE MADE EASY

Busia, Malaba border points to get special desks to assist traders

KNCCI President Richard Ngatia says quickened issuance of documents will result into increased revenue stream

In Summary

• The chamber of commerce is eyeing desks at the border points in Busia, Malaba, Namanga, Isebania, Moyale, Mombasa, Eldoret to serve exporters

• DP Ruto says despite a rise in trade volumes in recent years, the balance is not in favour of Kenya because the country imports more than it exports 

Kenya National Chamber of Commerce president Richard Ngatia, former Prime Minister Raila Odinga and Trade CS Peter Munya during the Kenya Trade Week on Monday
EXPORT-IMPORTS: Kenya National Chamber of Commerce president Richard Ngatia, former Prime Minister Raila Odinga and Trade CS Peter Munya during the Kenya Trade Week on Monday
Image: /Courtesy

Busia and Malaba are among the border points where officials from the chamber of commerce will be stationed to make cross-border trade easier.

Kenya National Chamber of Commerce and Industry president Richard Ngatia on Monday said establishing stations in such border points will go along way in boosting trade. He spoke during the launch of the Kenya Trade Week and Expo. 

Ngatia said the chamber has obtained a desk at the Jomo Kenyatta International Airport, through the Ministry of Trade, for efficient issuance of documents such as certificates of origin. 

 

Also targeted are Namanga, Isebania, Moyale, Mombasa and Eldoret to serve exporters.

This comes after Deputy President William Ruto said despite a rise in trade volumes in recent years, the balance is not in favour of Kenya because the country imports more than it exports.

He said there is a need for the country to seize the opportunity of access to free trade area market to bridge the trade gap.

Interventions, such as the proposal by the KNCCI, would make export a less tedious task, shoring up volumes of trade in favour of the country.

Building a case for the proposal to make clearance at the border point easy, Ngatia said an efficient and easy issuance of vital trade documents will increase revenue streams for the taxman.

For example, Ngatia said, the automation of issuance of ordinary certificates of origin in 2015 increased the revenue collected from Sh1.6 million to Sh4.5 million per month.

Further, as part of ensuring a widened access to international markets by local entrepreneurs and manufacturers, the chamber announced that it is pursuing the government to join the ATA Carnet system to allow free movement of commercial samples, professional equipment and goods for fairs and exhibitions.

 
 

A Carnet or ATA Carnet is an international customs and temporary export-import document used to clear customs in 87 countries and territories without paying duties and import taxes on merchandise that will be re-exported within 12 months.


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