Kuwait and Kenya to increase trade volumes, says Kuwait Ambassador

Cabinet Secretary National Treasury Henry Rotich. Under the agreements signed by Mr Rotich and the Kuwait government, Kenya and Kuwait will avoid double taxation on income and capital, and promote and protect foreign investments in the two countries.

What you need to know:

  • The envoy said his country is eager to expand investments globally, and particularly in Kenya where diverse untapped resources and conducive business climate are ideal for partnerships.
  • He also disclosed that a meeting is planned between the chambers of commerce of the two countries.

Kuwait and Kenya have signed agreements to do away with double taxation and protection of foreign investments in a move to boost trade between the two countries.

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