• About Hisa Technologies
  • Advertise
  • Careers
  • Contact Us
  • Estate Cloud
Wednesday, June 29, 2022
  • Login
  • Register
No Result
View All Result
NEWSLETTER
Kenyan Wallstreet
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Banking
    • Aviation
    • Energy
    • Manufacturing
    • Markets
    • Personal Finance
    • Technology
    • Startups
  • Lifestyle
  • Podcast
  • Videos
  • Events
  • Blockchain & Digital Currencies
  • Calendar
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Banking
    • Aviation
    • Energy
    • Manufacturing
    • Markets
    • Personal Finance
    • Technology
    • Startups
  • Lifestyle
  • Podcast
  • Videos
  • Events
  • Blockchain & Digital Currencies
  • Calendar
No Result
View All Result
Kenyan Wallstreet
No Result
View All Result

Kenya to Improve Trade Ties in Switzerland as President Kenyatta is Set To Open New Chancery in the Swiss Capital

Leah WamugubyLeah Wamugu
May 19, 2022
in Global News, Kenyan News, Public Policy
Reading Time: 3 mins read
Fuel Subsidy

President Uhuru Kenyatta is set to open a new chancery in the Swiss Capital of Bern to enhance trade tries between Kenya and Switzerland.

Speaking ahead of President Kenyatta’s official visit to Switzerland, Ambassador Andrew Kihuran said the opening of the new chancery will invigorate the growing bilateral trade which has been on the upward trend with Kenya’s exports standing at Sh4.8 billion while imports from Switzerland standing at Sh8 billion annually.

“Another primary issue we engage in the promotion of trade. You may be aware that there’s significant bilateral trade between the two countries. Kenya is Switzerland’s 16th biggest trading partner in Africa,” Ambassador Andrew Kihuran.

The Kenyan Ambassador pointed out that despite the balance of trade being tilted in favour of Switzerland, Kenya has continued to increase its export of coffee, tea and horticultural produce. He added that bilateral trade in 2021 was extensive with Kenya being Switzerland’s major source of cut flowers.

ADVERTISEMENT

Imports from the European country to Kenya include herbicides, fungicides, chemicals, paints, machinery and pharmaceuticals.

“So our mandate is to be able to see how to enhance that trade between the two countries. Not only in terms of the volume but also in terms of the breadth, to see what other different items we can be able to trade between the two countries,” Ambassador Andrew Kihuran.

Ambassador Kihuran further noted that the two nations have had significant cooperation in the tourism sector, noting that Kenya used to receive over 9,000 tourists annually from Switzerland prior to the Covid-19 pandemic.

He expressed hope that the ongoing Covid-19 vaccination process will revive the tourism sector with Kenya receiving an increasing number of tourists from the European country.

“Switzerland has done about 70% of vaccination of its population and of course in Kenya we are continuing to increase the level of vaccinations. We expect the level of tourism will start growing once again and it is the responsibility of this embassy to enhance growth of that tourism exchange,” Andrew Kihuran.

The Kenyan envoy to Switzerland also noted that President Kenyatta will visit Geneva where he is scheduled to address the World Health Assembly on May 22.

Read also; President Uhuru Kenyatta to be Hosted at The White House.


Hisa App Hisa App Hisa App
Previous Post

Private Sector Lending Grows to a 5 year High of 10.8%-CBK

Next Post

Victory Farms Secures $5M for Expansion

Related Posts

Absa Bank Kenya Branch

How Absa Bank Supports SMEs Beyond Lending

June 29, 2022

CBK Floats 18-Yr Infrastructure Bond Worth KSh 20B

June 29, 2022

Kenya to Waive All Levies on Maize Imports WEF 1st July

June 29, 2022

Kenya’s Odibooks Launches Accounting Platform for SMEs

June 29, 2022

Airbnb Announces Plans to Permanently Ban Parties in Listed Homes

June 29, 2022

Nairobi Expressway Nominated for Transport Infrastructure of the Year Award

June 29, 2022

Government Raises Revenue Limit in New Finance Act

June 29, 2022

G7 Unveils $600 Billion Plan for Infrastructure Projects in Developing Countries

June 28, 2022
Load More
Next Post

Victory Farms Secures $5M for Expansion

ADVERTISEMENT

Follow Us

  • 139k Followers
  • 2.4k Subscribers
  • 1.1k Followers

WhatsApp

Subscribe

Telegram  

Subscribe

Podcasts

Upcoming Events

Jun
29
Wed
all-day Uganda Clays Annual General Meeting
Uganda Clays Annual General Meeting
Jun 29 all-day
Uganda clays annual general meeting
all-day Uganda Clays Book Closure
Uganda Clays Book Closure
Jun 29 all-day
Uganda Clays book Closure
Jun
30
Thu
all-day Diamond Trust Bank Kenya Book Cl...
Diamond Trust Bank Kenya Book Cl...
Jun 30 all-day
 
all-day Equity Group Payment of Final Di...
Equity Group Payment of Final Di...
Jun 30 all-day
 
all-day Kakuzi Plc Dividend Payment
Kakuzi Plc Dividend Payment
Jun 30 all-day
 
Jul
1
Fri
all-day BK Group Dividend Payment
BK Group Dividend Payment
Jul 1 all-day
 
View Calendar
Add
  • Add to Timely Calendar
  • Add to Google
  • Add to Outlook
  • Add to Apple Calendar
  • Add to other calendar
  • Export to XML

Featured

No Content Available

About Us

We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe. Kenyanwallstreet.com is a property of Hisa Technologies Ltd, a financial media & software company.

Contact Us

Kenyan Wall Street
Email: [email protected]
Website: www.kenyanwallstreet.com

Disclaimer

The information contained in this website is for general information purposes only.
Read more..

  • About Hisa Technologies
  • Advertise
  • Careers
  • Contact Us
  • Estate Cloud

Copyright 2021. Hisa Technologies. All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Aviation
    • Banking
    • Energy
    • Infrastructure
    • Insurance
    • Investment
    • Manufacturing
    • Markets
    • Public Policy
    • Real Estate
    • Startups
    • Technology
  • Podcast
  • Videos
  • Events

Copyright 2021. Hisa Technologies. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In