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  • Writer's pictureTeam CargoTalk

UAE, Kenya ink CEPA to speed up growth in priority areas

A CEPA between the UAE and Kenya has ushered in a new chapter of trade ties between the two nations that will secure East and West supply chains, spur investment, and enhance market access for businesses on both sides, His Excellency Dr. Thani bin Ahmed Al Zeyoudi, Minister of Trade, said. The CEPA will have significant positive impact on accelerating investment flows in high potential areas such as logistics, healthcare, travel and tourism, infrastructure, and ICT, and will offer a platform for SME cooperation and expansion on both sides. “The UAE-Kenya Comprehensive Economic Partnership Agreement marks a significant milestone in our CEPA program. It is a testament to our commitment to strengthening economic ties with the African continent and to creating new opportunities for businesses and investors in both of our countries. The UAE-Kenya CEPA will not only boost trade and investment, but also foster innovation and sustainable growth in key sectors such as agriculture, technology and tourism. We look forward to deepening our relationship with Kenya and to further expanding our presence in Africa as a trusted partner and investor,” he added. “The Kenyan leadership has identified trade as a key lever of economic growth and transformation. We are on a national development path that is seeking to increase industrial output, enhance the quality and global competitiveness of that output, and to expand the opportunities for its export,” Her Excellency Rebecca Miano, Kenya’s Cabinet Secretary for Investments, Trade and Industry, said.


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