Kenya, Mozambique Sign Visa Waiver, Improve Private Sector Opportunities

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 22-Nov-2018

Kenyans travelling to Mozambique henceforth will  not be required to acquire visas before visiting the Southern African nation, thanks to a visa waiver agreement signed between the two countries on Wednesday. Similar courtesies will be extended to Mozambicans coming to Kenya.

President Uhuru Kenyatta and his Mozambican counterpart, President Filipe Nyusi, witnessed the signing of a bilateral agreement to abolish visa requirements for citizens of both countries in order to ease trade and travel between the two nations.

And, speaking while addressing a Kenya-Mozambique business forum at the Villa Rosa Kempinski Hotel in Nairobi, the two leaders challenged the private sector to exploit the huge trade potential that exists between the two countries.

President Kenyatta decried the slow pace of growth in trade between the two nations in spite of the large market and numerous investment opportunities.

In 2017, Kenya’s imports from Mozambique were worth$31 million while exports were valued at $12 million.

He said the two nations have so far largely traded in manufactured goods, an encouraging sign that Africa’s industrial sector is picking up.

“Kenya and Mozambique are similar because they both work with the private sector,” said President Kenyatta as he encouraged the business community to take advantage of the bilateral agreements and favourable trade policies in the two countries.

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PRIVATE SECTOR

President Kenyatta challenged Kenya’s private sector to diversify its exports and to also tap into new investment opportunities in Mozambique, including in the lucrative mining, oil and gas sectors.

The President said Kenyan cement companies have now started importing coal from Mozambique, which also has vast deposits of natural gas, indicating that trade between the two countries is growing.

He also invited companies and traders from Mozambique to invest in Kenya’s expanding economy which is open, safe and friendly for business.

The two leaders said improvement in infrastructure will boost Intra-Africa trade, which is still very low.

President Kenyatta said he will work closely with President Nyusi for the successful implementation of all agreements signed between the two nations.

On his part, President Nyusi said Kenya and Mozambique have strong bonds because they share a history stretching back to more than a millennium and that the people of the two nations are related.

President Nyusi urged the private sector in both nations to spearhead the expansion of economic partnerships between the two nations, especially in sectors such as agriculture, agribusiness, minerals, tourism among others.

“We should enhance partnership between our private sectors,” said President Nyusi, who noted that his country can share its experience in fishing with Kenya.

He said Mozambique will participate in the upcoming Blue Economy Conference to be held in Nairobi from Monday next week. President Nyusi will lead the Mozambican delegation at the conference where 11 Heads of State and 8,000 delegates are expected to attend.

The Kenya-Mozambique business forum was also attended by Deputy President William Ruto and Cabinet Secretary for Trade and Industry Peter Munya among other government officials. Daily Nation KE

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