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FinancialNews
18-01-20
Bilateral ties to be improved between Kenya, Gulf state
(MENAFN) On Friday, bilateral ties among Kenya and the Gulf state will be improved after Kenya National Chamber of Commerce and Industry (KNCCI) and the United Arab Emirates (UAE) Trade Center signed an agreement of understanding.
Under the deal, Kenyan businesses will be given capacity building to produce globally competitive products and services, as said by Richard Ngatia, president of KNCCI.
According to Ngatia, "Kenyan firms will also be provided with a platform to leverage UAE as a logistical hub so as to access markets in the Middle East and Asia region".
He added that, regardless of the well-established transportation associations, bilateral trade among UAE and Kenya stays under the potential.
MENAFN1801202000450000ID1099568713
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