The President of Kenya Urge COMESA Member States to Embrace Trade
Uhuru today urged Common Market for East and Southern Africa (COMESA) member states to focus growing their economies rapidly via trade.
Kenyatta made the remarks while opening the COMESA business summit at Kenyatta International Convention where he also urged the member states to try new products tradable among themselves.
“We need to come up with innovative and practical strategies to promote industrialization and enhance trade in our region,” Kenyatta said.
In attendance was Ugandan President Yoweri Museveni who urged the member states to eye the external markets for economic growth, citing the Chinas way of exploring foreign markets.
“China has an internal market of 1.3 billion people, yet they are fighting for other markets. They are fighting with the US to get more market, yet we continue to be satisfied with a small market,” Museveni said.
Kenya is currently holding the Source 21 COMESA International Trade Fair and High – Level Business Summit under the theme “The Hallmark of Quality”.
The ongoing summit will also see the heads of state sit on a round table with business leaders to discuss matters trade and industrialization expansion in the region.
The event has attracted members of the COMESA region aimed at increasing trade across Africa and to international states.