Saturday 22 January 2022
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Kenya and Mozambique move to remove double taxation.

Kenya and Mozambique have initiated talks geared at restructuring trade tariffs. Foreign Affairs Cabinet Secretary Monica Juma says the move is aimed at eliminating double taxation.

Juma and her Mozambique counterpart Jose Antonio Pachecho have constituted a Joint Commission of Cooperation tasked with this mandate ahead of the State Visit by Mozambique President Filipe Nyusi who will be hosted by President Uhuru Kenyatta in Nairobi.

Trade between Kenya and Mozambique has continued to register steady growth over the years, with Kenya’s total export to Mozambique increasing from $ 6.61 million in 2007 to $ 11.8 million in 2017.

Kenya’s major exports to Mozambique include prefabricated buildings, plastic items, animal and vegetable fats, tableware, kitchenware, fruit and vegetable juices among others. Imports from Mozambique include sugar, molasses and honey, aluminium, coal and non-ferrous base metal among others.

This comes after President Uhuru Kenyatta visited Mozambique in March to promote trade and enhance bilateral relations.

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