As part of business and economic growth for both countries Kenyan traders will establish a one-stop-shop in Dubai is successful. From then all traders will have a centre in Dubai to sell such products as tea, coffee and flowers. Also in exchange Dubai will establish Trade Centre in Nairobi by the end of this 2020.
Part of this investment is the trade centres will allow traders to buy at wholesale price what they would have to take a round trip to the UAE to access.
He said Kenyan SMEs were excited about the prospects at the expo, adding that Kenya will also be working with the Dubai Trade Centre to have an equivalent in Dubai where traders from the rest of the world can access the country’s products in one market.
Data from the Kenya National Bureau of Statistics showed that imports to Kenya from the UAE were approximately Sh400 billion in 2019.
Trade is skewed in favour of UAE with Kenya exporting goods valued at just over Sh50 billion in vegetables, pearls and large animals during the same period.