Agreement to boost UK-Kenya Trade



Scottish Business News Staff | Scottish Business News

TRADEMARK East Africa (TMEA), and the Institute of Export and International Trade (IOE&IT) have today at the Kenyan High Commission in London, signed a Memorandum of Understanding, which provides a framework for collaborating to implement a digital trade corridor between the UK and Kenya.

The initiative, the ‘UK-Kenya Trade Logistics Information Pipeline’ (TLIP), aims to eliminate paperwork and introduce much better visibility up and down supply chains that flow between Kenya and the UK. It will cut costs for Kenyan firms producing goods like green vegetables and cut flowers for export to the UK, reducing prices for UK consumers, importers and retailers. UK exporter will also be able to benefit from better access to one of Africa’s fastest growing markets.

To read the rest of this article, please visit here