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    Kenya Seals Deal to Export Avocados to China

    The Kenyan
    By The Kenyan Wall Street
    - April 27, 2019
    - April 27, 2019
    Kenya Business news
    Kenya Seals Deal to Export Avocados to China

    President Uhuru Kenyatta has signed an agreement with Chinese President Xi Jinping which will allow Kenyan farmers to export avocados to China.

    The deal makes Kenya the first African nation to export avocados popularly known as Hass to China.

    China, which has a population of approximately 1.4 billion consumers will approximately intake more than 40 percent of avocados produced in Kenya.

    Besides Avocado, Stevia,mangoe, French beans, vegetables, meat, herbs, bixa, and macadamia are other farm produce granted access to the Asian nation.

    President Uhuru also signed an agreement on Economic and Technical Cooperation covering all sectors of mutual interest and an MOU on joint promotion of the implementation of the 8 FOCAC priority areas.

    Commenting on the agreement on the export of frozen avocadoes into the Chinese market, Trade CS Peter Muny affirmed that Kenyan farmers, mostly the small scale ones, will benefit from better prices and expanded market.

    The Kenyan president is in China on a meeting aimed at enhancing economic and trade exchange in initiatives which were brought up during the Forum on Chin-Africa Cooperation meeting held in 2018.

    The Belt and Road Initiative aims at promoting global growth and economy through policy coordination among participating economies, infrastructure connectivity, trade investment, and industrial cooperation.

    The BRI brings together over 150 countries from Africa, Europe, Asia, the Middle East, and Latin America. Kenya and South Africa are key participants of the BRI from the African continent.

    The Kenyan Wall Street

    We are a leading integrated digital content platform providing in-depth business and financial news across Africa & the globeSubscribe
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