Kenya the first regional economy to comply with WTO Trade Facilitation Agreement
KenTrade CEO Amos Wangora (second left) explains to UNCTAD Head of Business Facilitation Frank Grozel (left), Director General-Budget, Fiscal & Economic Affairs at National Treasury Dr. Geoffrey Mwau and Mr Frank Matsaert Chief Executive Officer, TradeMark East Africa how the new portal works
Kenya broke new grounds in international trade facilitation following the launch of the Information for Trade in Kenya (InfoTradeKenya), an online portal that enables importers and exporters to quickly access all relevant information on trade procedures via link www.infotradekenya.go.ke/
The portal is the latest value addition by KenTrade whose interventions in the challenges facing Kenya’s cross border and international trade is associated with Kenya’s rising performances in the World Bank’s Annual Doing Business Index global ranking which rated Kenya as the third best transformed trade economy in Sub-Sahara Africa and 80th in the world in 2018 Index.
The colourful ceremony at Crowne Plaza Hotel Nairobi, brought together stakeholders from the private and public sector, captains of the trade industry, Partner Government Agencies, development partners mainly the United States Agency for International Development (USAID), TradeMark East Africa, United Nations Conference for Development and Trade (UNCTAD) and members of the press.
CEO Amos Wangora (left) explains more on the Info Trade Portal to Dr. Geoffrey Mwau,Director General-Budget, Fiscal & Economic Affairs National Treasury (centre) as Chairman Joseph Kibwana looks on.
The launch of InfoTradeKenya makes Kenya first country in East Africa to comply with Article 1 of WTO Trade Facilitation agreement which requires member states to publish their trade procedures online, displaying them step-by-step, with contact information on enquiry points, access to forms and other required documents and all relevant trade and customs laws. In the speech read on his behalf, Dr. Thuge noted that the implementation of the portal was part of the Government’s commitment to address barriers to trade and part of trade facilitation global agenda.
KenTrade Chairman Gen. Joseph R. Kibwana (Ret)(left) and CEO Amos Wangora(right) giving their remarks during the launch of the Info Trade Kenya Portal launch.
“This part of the Government’s initiative to facilitate trade in line with the World Trade Organization (WTO) Trade Facilitation Agreement, to which Kenya is a signatory and obliges governments to be transparent and to provide information to businesses” he said. Dr. Kiptoo noted that the InfoTradeKenya portal was complimentary to the Kenya Trade Portal which was launched in October 2017. “The two initiatives are different but will be complementary and not adversarial in any respect and integration between the Kenya Trade Portal and Information for Trade in Kenya has been finalised” he said.
KenTrade CEO Amos Wangora said the portal will provide the current, potential traders and other stakeholders with total transparency on rules and procedures pertaining to import and export formalities, through detailed, practical and up-to-date descriptions of steps to go through, as seen from the user’s point of view to assist them to make informed business decisions
“The portal will together with the Kenya Trade Net System provide an end to end solution on regulatory and documentation requirements in the country and to streamline and simplify trade processes for the business community” Wangora said. Chairman KenTrade noted that implementation of the portal was in line with the Agency’s strategic plan whose vision is to “To be among the global leaders in ecommerce and trade facilitation”. He added that KenTrade be involved in activities that enhance trade facilitation in order to improve the nations global