Kenya has received an extension of nine months to limit sugar imports from the regional trade bloc Comesa to help the country to complete the reforms that will strengthen the domestic sugar industry and block the inflow of cheap sugar from African countries, reports Business Daily Africa.
The decision was taken at the 43rd council of ministers meeting in Lusaka, Zambia and the Trade Cabinet Secretary Moses Kuria led Kenya’s delegation.
Kenya was supposed to open up fully its markets to the Common Market for Eastern and South Africa (Comesa) states in 2014 but Kenya continued to get extensions citing reasons to improve infrastructure and carry out other reforms.
According to the industry players, the cost of production of one tonne of sugar was around $900 in western Kenya while it was $400 in other countries like Mauritius.
Comesa has issued a series of measures to be implemented by Kenya ahead of the liberalization of the market.
Kenya gets nine months extension to limit sugar imports
Kenya has received an extension of nine months to limit sugar imports from the regional trade bloc Comesa to help the country to complete the reforms that will strengthen the domestic sugar industry and block the inflow of cheap sugar from African countries, reports bBsinessdailyafrica.
The decision was taken at the 43rd council of ministers meeting in Lusaka, Zambia and the Trade Cabinet Secretary Moses Kuria led Kenya’s delegation.
Kenya was supposed to open up fully its markets to the Common Market for Eastern and South Africa (Comesa) states in 2014 but Kenya continued to get extensions citing reasons to improve infrastructure and carry out other reforms.
According to the industry players, the cost of production of one tonne of sugar was around $900 in western Kenya while it was $400 in other countries like Mauritius.
Comesa has issued a series of measures to be implemented by Kenya ahead of the liberalization of the market.
