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Kenya plans to remove all trade barriers with Tanzania by the beginning of 2023

By January of the following year, Kenya has pledged to make trading with Tanzania easier.

The choice was taken to boost the volume of locally produced items traded between the two countries and to promote trade between them.

According to Mr. Isaac Njenga, Kenya’s High Commissioner to Tanzania, both governments have already started making measures to eliminate all unpaid trade tariffs between them by the end of January.

During the Jamhuri Day festivities in Dar es Salaam, he said that the President of Kenya’s visit had already sparked the removal of over 50 non-tariff barriers, boosting bilateral commerce between Tanzania and Kenya.

The high commissioner remarked, “Our dedication to eliminating Non-Tariff Barriers (NTBs) has considerably contributed to the growth in commerce between our two countries.

A breakdown of financial data According to Mr. Njenga, Kenyan exports to Tanzania rose from Ksh 31.4 billion in 2020 to Ksh 45.6 billion in 2021.

Additionally, he noted that total trade increased from Ksh58.6 billion in 2020 to Ksh95.7 billion in 2021, with imports from Tanzania nearly doubling from Ksh27.2 billion in 2020 to Ksh50.1 billion in 2021.

“Our regional organizations act as the building blocks for a deeper integration of our nations into continental and international institutions. We are determined to keep working together as a consequence,” he stated.

The high commissioner claims that encouraging residents from both economies to engage in free commerce and explore inside Africa for answers rather than having to import them from a foreign market is one of the main goals of reducing trade barriers.

Dr. Damas Ndumbaro, the Tanzanian Minister for Constitutional and Legal Affairs, who was present at the occasion, remarked that the two nations have a strong relationship because they are so similar in terms of their tribes, cultures, and other aspects.

In addition to direct trade, both nations have worked together to develop security, agriculture, energy, tourism, transportation, infrastructure, and other fields.

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