GABORONE– Kenya and Botswana will work closely through their respective business people to encourage trade between the two countries which currently is way below ITS potential, says Ababu Namwamba, the Chief Cabinet Secretary at the Kenyan Ministry of Foreign Affairs and International Trade.
Speaking when he chaired the 2nd Kenya-Botswana Diaspora Investment Forum in the Botswana capital, Gaborone, on Saturday, he said Kenya and Botswana had cordial relations at the political level which must be replicated in a robust business-to-business relationship on the trade front.
We have agreed with the (Botswana) Minister for Investment, Trade and Industry, Madam Bogolo Joy Kenewendo, to revisit a 2016 Memorandum of Understanding that clearly stipulates how our two countries can trade better and increase the volumes which as we speak remain way below the actual potential, Namwamba told the Forum.
He said ways to grow trade between the two countries included joint participation in trade-oriented activities, deliberately promote information communication technology (ICT), e-commerce and exchanges on the livestock industry.
Kenya will at the same time encourage its traders through the Kenya National Chamber of Commerce and Industry to develop tourism products as well as taking advantage of the ready-to-go industrial infrastructure in the mining region of Selibe Phikwe.
Namwamba called on the Kenya Diaspora in Botswana to lead the way in these investments. He further urged them to exploit opportunities presented by government focus on the Big 4 sectors of food security, affordable housing, universal healthcare and manufacturing.
Source: NAM NEWS NETWORK