Economy

Ethiopia, Kenya agree for free trade area

Date: Sep 24, 2021

Ethiopia and Kenya have finally sealed a deal for a free trade area projected to make cross-border business dealings easier.

The signing of an operational guiding document, the Moyale One Stop Border Post Procedure Manual, in Addis Ababa last week is expected to give the neighbouring countries a competitive edge with regard to goods traded.

The deal seeks to encourage small-scale traders by developing a simplified framework to facilitate their business activities at the border.

--ChannelAfrica--

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