Kenya, Iran seek to strengthen trade ties

By John Muoki

Kenya and Iran are working together to expand bilateral trade in agro processing, textiles, leather, technical services, oil, gas, mining and construction, among others.

Speaking during a Kenyan-Iranian bilateral trade meeting in Nairobi, the Cabinet Secretary, Ministry of Industry, Trade and Cooperatives, Adan Mohamed said that an Iranian delegation led by the Iranian Minister of Trade, Mining and Trade, Mohammad Reza Nezmatzadeh is in the country seeking attractive investment opportunities.

According to Mr. Nezmatzadeh, Iran is targeting better relations with Africa, with Kenya’s competitive positioning on the continent being crucial in this agenda.

The Iranian minister said both governments were looking forward to increased interaction in the coming months and years.

The meeting is a follow-up of a memorandum signed between the two countries during the recent World Trade Organization meeting and the successful visit by the Iranian Minister last year.

Iran, is the 4th largest producer and exporter of tiles and Ceramics and has had a fruitful relationship with Kenya.

It is currently a large importer of Kenyan Tea, horticulture and a major exporter of Oil to Kenya.

  

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