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Horst Kohler |
Germany investors have resolved to push for removal of tariff policies discriminating products from Kenya and rest of East Africa to help create trade balance between the economies.
The federal republic has also forged new areas of corporation with Kenya and agreed to change its view of East Africa as fragmented economy in fresh bilateral ties-promising intense investments activities going forward.
Former Federal President of Germany, Horst Kohler said this will allow more exports coming from the economic block and encourage local innovations and companies set shop in Germany.
“We have to recognize East Africa as a common trading block like we do to European Union (EU) and ECOWAS. We have to stop looking at Kenya Uganda and Tanzania as separate markets,” said Kohler.
He however urged regional leaders to put more emphasis on implementation of joint projects to boost ease of doing business.
Germany was among four tradition tourism source markets that issued travel advisories to Kenya.