Kenyan Trade Delegation to Visit Ethiopia

A high level Kenyan trade delegation is to visit Ethiopia on a three day trade mission in Ethiopia. The event is organized by the Kenya Association of Manufacturers and the Kenyan Embassy in Ethiopia.

The delegation include senior government officials of the Kenyan government and industry executives from food & beverage, metal, construction sectors. The organization of the event is aimed at nurturing closer economic, political and cultural ties between the two countries.

Trade volume between Ethiopia and Kenya has reached close to US$60 million in 2012. Ethiopia's imports from Kenya in 2012 were worth US$55.9 million and export worth US$4.3 million.

The visit by the trade mission will be the first one since the signing of a special status agreement between the two countries in 2012. The agreement allows Kenyan companies to open operations in Ethiopia, free movement of cargo, and elimination of non tariff barriers.

Source: Fortune

 

Exchange Rates

Selling
Buying
USD 42.1428  41.3165 
GBP 55.3106  54.2261 
EUR 49.4672  48.4973 
CHF 42.7198  41.8822 
CAD 30.2213  29.6287 
AED 10.3823  10.1787