NAIROBI, Kenya, Nov 22 – Kenya has launched the InfoTradeKe portal providing international traders with all access to trade regulation information.
The portal consolidates all information on all laws, steps, licenses and other documents required for Import-export trade in Kenya.
Kenya becomes the first country in East Africa to comply with the article one of World Trade Organisation Trade Facilitation Agreement which is Transparency in export – import information.
InfotradeKenya.go.ke includes a step by step guide to international trade, administration procedures, agencies to visit, permits, applicable fees among others.
Kenya Trade Network Agency Chief Executive Amos Wangora says the portal will help importers and exporters transact faster and help make informed business decisions.
He says the new portal will also create more transparency into international trade and reduce corruption.
“Poor documentation of international trade procedures is a major stumbling block affecting traders in Kenya increasing lack of understanding of trade requirements in regard to exports and imports,” he said.
The portal is estimated to serve at least 1.5 million users per month and consolidates 73 documents under exports, 52 under imports and one under transits (cross-border trade) thus ensuring a shorter period in the export and import processes.
KenTrade implemented the portal with financial support of approx. Sh51.5 million from United States Agency for International Development (USAID) through TradeMark East Africa (TMEA).
The move comes even as the government plans to increase its exports by 20 percent per annum.
The government is already working on an export strategic plan which will be ready in two months