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Heads of state to visit Kenya for trade talks

Three  Heads of State from the East  Africa Community (EAC) region are set to visit Kenya in August this year to expand their corporation and investment initiatives.

The  Ugandan High Commissioner to Kenya, Phibby Otaala  disclosed that the leaders of; Tanzania, Uganda and Democratic  Republic of Congo (DRC) are keen to ensure regional integration is domesticated to benefit citizens at the grassroots.

Otaala  said  the  Kenya and Uganda have built a great partnership in trade, investment and tourism which they hope to build  on further.

Speaking during the investment Conference and Economic Diplomacy for delegates from both countries in Kisumu on Friday, the  Ambassador  disclosed that  Uganda has 22 industrial parks initiated by the Chinese who are their valuable partners keen to facilitate the economic block.

She revealed that so far four counties; Trans Nzoia, Bungoma, Busia and Bomet have already toured Uganda for bench marking on the successful industrial parks and the Kisumu forum was a follow up aimed at enabling the 14 counties raise their  revenue collection.

Asked  about the 24 Kenyan fishermen arrested by Ugandan authorities’ Amb. Otaala argued that the move was aimed at  safeguarding the rules and regulations which protected the fishermen from capturing the fingerlings prematurely.

However, she promised to follow up the matter to facilitate their release to avoid unnecessary conflicts between the two  neighbouring countries.

The  Lake Region Economic Block (LREB) CEO, Abala  Wanga  said Kenya government has so far allocated Kshs. 2.5billion to help support the expansion of maritime transport on Lake  Victoria alongside other programmes.

Wanga  pointed out that the region with over 20million people is also set to benefit from the establishment of LREB regional bank which has already been sanctioned by all the 14 counties.

He singled out the key areas prioritised by LREB as; banking and maritime, privatisation of sugar companies as well as environmental management more so on Lake Victoria and the surrounding natural resources.

By  Joseph  Ouma/Dorothy  Otieno

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