Kenya gets 2 years extension on sugar safeguarding »Capital News



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million. Ababu also stressed the need to further protect Kenya's sugar market from the unregulated influx of cheap sugar from outside the COMESA region to ensure the growth of our local industry. Photo / MAE

LUSAKA, Zambia July 15 – The Kenyan sugar industry will continue to benefit from protection against the influx of imports from the COMESA region after the war. COMESA Council of Ministers adopts resolution accepting Kenya 's offer Current guarantees for sugar will expire in February 2019 and, with the extension, guarantees will be applied until the end of the year. in February 2021.
Under the COMESA Treaty, safeguard measures may be applied to domestic industries. to protect them from international competition until they become mature and competitive.

The push for this extension was led by Ababu Namwamba Foreign Affairs CAS Ababu Namwamba who heads Kenya's delegation to the 38th Council of Ministers and COMESA Summit. Ababu is accompanied by Dr. PS Trade Dr. Chris Kiptoo

Speaking after the breakthrough of the Mulungushi International Conference Center in Lusaka, Hon Ababu hailed this extension as a fantastic opportunity for Kenya to revamp its sugar industry. "It was a difficult battle to get this two-year extension."

But we have superbly articulated our position and what has been adopted is truly a win-win for Kenya and the rest of the COMESA fraternity. "said Ababu.

He welcomed the Kenyan delegation that he leads for the great team work and added: "It's very good for Kenya because this belt is hindering our sub-sector sugar, but we must make good use of this crucial extension so that we can not look for another in 2021. We must now accelerate substantial and effective reforms in the sugar sub-sector to make our production competitive and seek to fill the current national consumption gap of more than 989,000 metric tons.We must advance the privatization program, power cogeneration and biofuel production, revise sugar price policies and intensify research and development. "

Ababu also stressed the need to further protect the Kenyan sugar market. Aboube represented Kenya at the beginning of COMESA foreign ministers' meetings. Issues on the agenda include regional peace and security as well as democracy and good governance in the region.

Meetings of COMESA 2018 governing bodies will culminate in the Summit of Heads of State and Government on 18 and 19 July. ] (function (d, s, id) {
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