KENYAN High Commissioner to Tanzania, Dr Dan Kazungu, has poured praises to President Samia Suluhu Hassan for keeping the ball rolling in strengthening bilateral trade and investment between the two countries.
Dr Kazungu made his remarks in Dar es Salaam yesterday at a meeting that brought together members of the Confederation of Tanzania Industries (CTI) and Kenya Association of Manufacturers (KAM).
Dr Kazungu said, it was President Samia who initiated the process to get most of trade and investment bottlenecks resolved during and after her official visit to Kenya in May this year. When she visited Kenya, President Samia met President Uhuru Kenyatta to discuss a number of bilateral business issues.
“Clap hands to her Excellency for this initiative of bringing us together so that we may benefit together, not only for ourselves, but for the rest of our countries,” he told the meeting.
According to him, when Tanzania and Kenya agree to work together it always creates unforgettable magic and that is why the two heads of State met and Kenya was honoured when President Samia opted to visit the country first instead of going elsewhere.
He recalled that in 2019, there were also some challenges of doing business between the two sides, but after meeting in Arusha where they identified 25 non-tariff barriers they managed to resolve 15 issues within a span of three days.
The High Commissioner pointed out further that, after the Nairobi meeting, the two presidents directed the responsible ministers of trade to find out means for addressing the challenges and other issues that obstruct ease of doing business.
“We met in Arusha and it was surprising indeed. One minister (from Kenya) was welcomed by five ministers from Tanzania and after four days we picked up 64 non-tariff barriers. We managed to resolve 30 of them in four days,” he said.
Dr Kazungu further told the meeting that they have given a time frame for resolving the remaining 34 nontariff barriers and hopefully by end of August, 2021 all of them would be resolved.
He, therefore, called upon members of the two associations to unite and have a common understanding to increase the volume of trade to accelerate the economic growth of the two countries, considering the private sector was considered as the driving force of the industrial economy.
The CTI Chairman, Mr Paul Makanza, explained that the Confederation and KAM have enjoyed such collaboration for many years, an indication of close relationship between the two communities and, thus, cementing their brotherhood and sisterhood.
He pointed out that the East African Community was a region with huge potential. Mr Makanza was of the view, therefore, that by coming together they would remain stronger than individual nations.
“As we move forward, we have to move as EAC rather than individual countries,” he said.
The KAM Chairman, Mr Mucai Kunyiha, said that they decided to come to Tanzania to meet with their counterparts to discuss a number of matters of doing business and look for opportunities that are available and resolve the issues around the EAC that affect manufacturers within the region.
He pointed out that there were several other opportunities that needed to be developed to increase trade among the two sides and have more investment on other sectors, like agriculture and challenged manufacturers to increase production. Mr Kunyiha gave an example of 85 per cent of empty containers that leave Mombasa Port empty.
“We are not manufacturing enough for the export market. This is one of the areas we need to focus on in East Africa and how to make our manufacturing competitive,” he said.
The CTI Chairman also pointed out that the two associations should be able to explore the available opportunities within the region and address the challenges that might hinder the progress of doing business.
In his welcoming remarks, the CTI Executive Director, Mr Leodegar Tenga said that the meeting of the two associations was very special and the first of its own kind where the parties come together to discuss matters of mutual interests for the benefits of the two countries.
Source link : https://allafrica.com/stories/202107090783.html
Author : Daily News
Publish date : 2021-07-09 14:00:40