https://en.sputniknews.africa/20240223/kenya--uae-forge-major-economic-partnership-agreement-1065221974.html
Kenya & UAE Forge Major Economic Partnership Agreement
Kenya & UAE Forge Major Economic Partnership Agreement
Sputnik Africa
Kenya, renowned as East Africa's largest economy, emerged as a key partner for the United Arab Emirates, initiating bilateral trade discussions in 2022 as part... 23.02.2024, Sputnik Africa
2024-02-23T17:21+0100
2024-02-23T17:21+0100
2024-02-23T17:21+0100
economy
kenya
united arab emirates (uae)
agreement
sub-saharan africa
east africa
trade
relationship
bilateral relations
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The United Arab Emirates announced the successful conclusion of a comprehensive economic partnership agreement (CEPA) with Kenya On Friday, marking a significant milestone in their bilateral relations.Thani Al Zeyoudi, the UAE Minister of Foreign Trade, revealed this achievement, highlighting the collaborative efforts between the two nations to enhance economic cooperation.The robust trade ties between the UAE and Kenya saw non-oil trade volumes surging to $3.1 billion in 2023, a notable increase of 26.4% compared to the previous year, Thani Al Zeyoudi, the UAE Minister of Foreign Trade, announced on Friday.Kenya's Minister of Trade, Rebecca Miano, underscored the significance of the partnership in facilitating Kenyan exports' access to key markets in Asia and the Middle East.She highlighted the agreement's role in attracting foreign investments that would bolster Kenya's national capabilities and contribute to economic development.
https://en.sputniknews.africa/20230709/kenya-looking-to-reconsider-oil-deal-with-uae-saudi-arabia-1060434621.html
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economy, kenya, united arab emirates (uae), agreement, east africa, trade, relationship, bilateral relations
economy, kenya, united arab emirates (uae), agreement, east africa, trade, relationship, bilateral relations
Kenya & UAE Forge Major Economic Partnership Agreement
Muhammad Nooh Osman
Writer/Editor
Kenya, renowned as East Africa's largest economy, emerged as a key partner for the United Arab Emirates, initiating bilateral trade discussions in 2022 as part of the UAE's strategic vision to diversify its economy beyond oil dependency.
The United Arab Emirates announced the successful conclusion of a comprehensive economic partnership
agreement (CEPA) with Kenya On Friday, marking a significant milestone in their bilateral relations.
Thani Al Zeyoudi, the UAE Minister of Foreign Trade, revealed this achievement, highlighting the collaborative efforts between the two nations to enhance economic cooperation.
"We will now look to expand across sectors from food production and mining to technology and logistics," the minister said of the new deal, which aims to promote mutual growth and explore new avenues for economic cooperation.
The robust trade ties between the UAE and Kenya saw non-oil
trade volumes surging to $3.1 billion in 2023, a notable increase of 26.4% compared to the previous year, Thani Al Zeyoudi, the UAE Minister of Foreign Trade, announced on Friday.
Kenya's Minister of Trade, Rebecca Miano, underscored the significance of the partnership in facilitating Kenyan exports' access to key markets in Asia and the Middle East.
She highlighted the agreement's role in attracting foreign investments that would bolster Kenya's national capabilities and contribute to economic development.
