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Kenya, Iran seek to enrich trade ties and develop strong local industries

Related Keywords: bilateral partnership, develop strong local industries, Export based industries, Iran, Kenay, Kenya leveraging on Iran expertise, Kenya ramped up business environment, proposed tax incentives, seeks to enrich trade ties, Special Economic Zones, textile sector

Trade and Industry Cabinet Secretary Adam Mohamed during a meeting with Iranian minister of Trade and Mining Mohammed Reza who is in Kenya seeking investment opportunity said that Kenya is particularly leveraging on Iran’s expertise in the textile and oil and gas sectors to develop strong local industries and seeks to enrich trade ties between the two countries.

The meeting is a follow-up of a memorandum of cooperation signed between the two countries during the 10th ministerial meeting of the World Trade Organization.

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