ETHIOPIA AND KENYA SEAL LANDMARK TRADE DEAL TO BOOST BORDER ECONOMY

The discussions focused on easing trade bottlenecks, supporting border economies, and creating sustainable channels for the flow of basic commodities.

Africa Ethiopia Economy Kenya Trade Investment Bilateria.
Signing of the Agreement
Signing of the Agreement


In a move set to redefine cross-border commerce in East Africa, Ethiopia and Kenya have officially signed an implementation memorandum of agreement aimed at streamlining trade and ensuring uninterrupted access to essential goods for border communities.

The agreement, signed after two days of in-depth discussions between top trade officials from both countries, is expected to significantly strengthen bilateral trade relations and foster regional economic integration.

Kassahun Gofe, Ethiopia’s Minister of Trade and Regional Integration, announced the development via his social media channels. “We concluded the Ethiopia-Kenya border trade negotiations that we started yesterday, and today we signed an implementation memorandum of agreement with the Kenyan Minister of Trade, Investment, and Industry,” he stated.

The signing followed bilateral talks held in Mombasa between Minister Kassahun and his Kenyan counterpart, Lee Kinyanjui, the Minister of Trade, Industry, and Investment. The discussions focused on easing trade bottlenecks, supporting border economies, and creating sustainable channels for the flow of basic commodities.

This agreement is particularly crucial for people living in the border areas, who often face disruptions in supply chains due to bureaucratic or logistical challenges. With the new framework in place, both nations aim to create a more predictable and accessible trade environment that supports livelihoods and stimulates local economies.

The deal marks a renewed commitment by Ethiopia and Kenya to deepen economic ties and drive forward a shared vision of regional prosperity through cooperation and mutual support.

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