Market access and simple procedures have the potential to enhance the UAE’s grip on the local export market, even as it continues to supply Kenya with fuel under the government-to-government oil importation framework.
This was a 118.78 percent increase in exports to the market up from Sh39.7 billion a year earlier and the growth UAE trail only neighbouring, landlocked Uganda where Kenya exported goods valued at Sh100.5 billion.
The United Arab Emirates (UAE) is set to firm its grip as one of Kenya’s export markets with a scheduled new economic partnership agreement(EPA) with Nairobi that would further ease trade between the two countries.
State House on Monday indicated that President William Ruto would sign an EPA with the UAE as part of a trip to the Middle East country, which became Kenya’s second-largest export market after Uganda on jet fuel re-exports.
