Enterprise Television- Kenya Looks to Strengthen Business Ties with Oman
Kenya’s government is looking to strengthen its business ties with Arab country, Oman through a Products Exhibition Initiative that kicked today, Monday October 29th, 2018.
The East African country’s Cabinet Secretary in the Ministry of East African Community and Regional Development, Adan Mohammed officially opened an event titled the Omani Products Exhibition as part of ongoing measures to strengthen Kenya and Oman’s bilateral relationship.
The Ministry confirmed that Kenya and Oman will seek to improve trade numbers that has been significantly low the past 10 years with Kenya’s exports to Oman amounted to Ksh1.162 billion ($11.5 million) while imports at same period stood at Ksh5.69 billion ($56 million).
The countries have targeted specific market areas including flowers and textiles to improve the overall trade relationship between both nations.
Kenya National Chamber of Commerce and Industry (KNCCI) Chairman, Kiprono Kittony while speaking during a meeting with Omani delegates, said the two countries will focus on a drive known as the Big 4 agenda, an initiative that has been identified by Kenya presenting excellent opportunities for investment, trade and partnerships between the people of the two countries.
Kittony said “Kenya’s economy has been growing at a fast pace and we hope the partnership with the Sultanate of Oman will lead to increased business between the two countries and expanded trade.”
He explained that Kenya and Oman relations date back over 600 years with many Kenyan coastal families in Lamu, Malindi and Mombasa tracing their ancestry to Oman.
Kittony added that the partnership will help Kenya boots its exports to Oman, including tea, coffee, cut flowers, and beef among other products.
Also commenting, Omani Products Exhibition (OPEX) Chairman, Ayman Al Hasani said that more than 80 companies from different sectors like agro food, construction materials, pharmaceuticals, carpets, furniture among others will exhibit in Nairobi.