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EU Supports Safe Trade in East Africa with KSh599 Million Grant

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Nyakundi Report

Newsroom 1 min read

This archive report was first published on 17 June 2020.

On June 17, 2020, the European Union signed a KSh599 million (€5 million) grant with Trademark East Africa (TMEA) to support safe trade in East Africa. The grant, supported by the Netherlands, Ireland, Finland, and Denmark, aims to help key borders open while preventing the spread of COVID-19.

The funds from the initiative will support border agencies in promoting the safe and seamless movement of goods across borders. This includes setting up tracking systems for truck drivers to reduce the need for screening at every border point.

Earlier in June, TMEA signed a deal with members of the East African Community (EAC) to develop and operate a driver and cargo surveillance system. The system will make ports, borders, and other critical supply chain areas safe for trade.

Trade Cabinet Secretary Betty Maina noted that the grant will help maintain the flow of inventory, thereby bolstering government efforts to cushion enterprises that rely on the regional supply chain.

EU Ambassador to Kenya Simon Mordue stated, 'We designed the contract to keep trade flowing. We put a particular focus on Kenya because it is the dynamic beating heart of the EAC. Mombasa Port, in many ways, is the entry point for trade into the whole of the East African Community.'

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