TRALAC - Trade Law Centre

Kenya to host 8th AGOA Forum

Friday, 06 February 2009

Source: Daily Nation (Kenya)

Kenya will host the 8th annual African Growth and Opportunity Act (Agoa) meeting this year, the Trade Minister has said.

Mr Amos Kimunya said the country has been chosen to host the economic forum to review the impact of the scheme as well as chart forward new ways on how to take advantage of the existing opportunities created by the Act.

He said the Agoa meeting will help the country to discuss and strengthen information exchange links between different countries.

Grow business

The minister spoke during the official opening of parliamentary departmental committees on Finance, Trade and Planning and Agriculture, Land and Natural Resources workshop at Sarova Whitesands hotel in Mombasa.

“Kenya will have an opportunity this year to grow in business by interacting with Agoa members; we shall both, government and private stakeholders, have information about new business ventures abroad,” said Mr Kimunya.

Friday's function was the first for the Trade Minister since he was reinstated to the Cabinet following allegations that he gave false information regarding the sale of the Grand Regency Hotel (now Laico Regency).

Mr Kimunya urged political and local leaders in Lamu to work together to ensure the new port project set for the area succeeds.

He said leaders should not politicise the envisaged plan as they did in others as it will be of benefit to the locals.

More cargo

“Once completed, the Lamu port will be one of the largest ports in the world; it will attract more investors because it will handle more cargo than that of Mombasa,” said Mr Kimunya.

He announced that negotiations are at the final stage to include Rwanda and Burundi in the East African Community.

“We would like to conclude the EAC common market negotiations by April this year in readiness for ratification before implementation kicks off in January 2010,” said Mr Kimunya.



“ Latest AGOA Trade Data currently available on AGOA.info


Click here to view a sector profile of Kenya's bilateral trade with the United States, disaggregated by total exports and imports, AGOA exports and GSP exports.


Other regularly updated trade statistics on AGOA.info include: (click each link to view)

  • AGOA-Beneficiary Countries’ AGOA and GSP Trade Aggregates

  • AGOA Trade by Industry Sector

  • Apparel Trade under AGOA’s Wearing Apparel Provisions

  • Latest Apparel Quotas under AGOA

  • Bilateral Trade Data for all AGOA-eligible countries individually.