Kenya China Chamber of Commerce Opens An Office In Beijing

By Soko Directory Team / Published January 20, 2022 | 3:09 pm

KEY POINTS

Kenya National Chamber of Commerce and Industry, Nairobi Chapter Chairman, Julius Opio lauded the partnership and collaboration terming it revolutionary.

KEY TAKEAWAYS

Kenya China Chamber of Commerce (KCCC) has opened an office in Beijing.

Kenya exported goods worth $134.8 million to China and imported goods worth $3.29 billion.

In a move to facilitate trade between Kenya and China, the Kenya China Chamber of Commerce (KCCC) has opened an office in Beijing.

The newly opened office will play a critical role in unblocking the trade challenges between the two countries, at this time when the movement of goods and people has been affected by the Covid-19 pandemic.

Speaking at the Nairobi China Trade Investment Forum, KCCC Chairman Tim Chen, said that the Beijing office will focus on supporting businesses in two countries.

“The last two years have been challenging to both Chinese and Kenyan business community, due to Covid-19. Our business people haven’t been able to import and export in large quantities, because of the pandemic restriction,” said Chen.

He added that the office will also address the trade imbalance between Kenya and China, by identifying new business opportunities in agriculture.

Kenya exported goods worth $134.8 million to China and imported goods worth $3.29 billion. This is a huge disparity considering that Kenya has the potential to export more agricultural products.

“Our priority will be agricultural products such as coffee and tea. For instance, in 2019, China was the world’s 9^th largest importer of tea in dollar worth, equating to $187.3 million. Capturing just a small percentage of this would bring huge benefits for Kenya,” explained Chen.

Kenya National Chamber of Commerce and Industry, Nairobi Chapter Chairman, Julius Opio lauded the partnership and collaboration terming it revolutionary.

“This investment forum is a big opportunity, because trade and trade-related matters, as well as investment, are of great importance to both countries. This is an area that we are looking forward to strengthening, deepening, and indeed cementing,” said Opio.

“You will agree with me that it is only by working together that we can achieve the desired outcomes for closer bilateral cooperation and strategic partnerships. We have definitely made good strides,” he added.

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