KenTrade: Difference between revisions
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| headquarters = Embankment Plaza, Nairobi, Kenya. |
| headquarters = Embankment Plaza, Nairobi, Kenya. |
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| motto = "Your G2B Trading Partner" |
| motto = "Your G2B Trading Partner" |
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| chief1_name = |
| chief1_name = Basil Criticos |
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| chief1_position = Chairperson of the Board of Directors |
| chief1_position = Chairperson of the Board of Directors |
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| chief2_name = David Ngarama |
| chief2_name = David Ngarama |
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Revision as of 09:51, 26 May 2023
The Kenya Trade Network Agency (KenTrade) is a state agency established by the National Government of Kenya designated with easing cross-border trade through the establishment, management, and implementation of the first National Electronic Single Window System[1] in the Republic of Kenya.
| KenTrade | |
 | |
| Agency overview | |
|---|---|
| Formed | 2011 |
| Jurisdiction | Kenya |
| Headquarters | Embankment Plaza, Nairobi, Kenya. |
| Motto | "Your G2B Trading Partner" |
| Agency executives |
|
| Parent department | Ministry of the National Treasury & Planning |
| Website | https://www.kentrade.go.ke/ |
History
The agency was established through a Legal Notice issued by the government of Kenya in January 2011,[2] for the purpose of promoting efficient administration and logistics of both local and international trade.
The agency achieved this through the establishment of the country's first National Electronic Single Window System,[3] which serves as a single point of all trade transactions such as approvals, cargo clearance and payment of requisite taxes and duties on imports and exports. The system serves as a single trade facilitation link between government ministries and agencies involved in trade, such as the Ministry of the National Treasury & Planning and the Kenya Revenue Authority, and local and international traders.
The single link has improved the speed and ease of carrying out trade in the country, as the process of trade transactions has been simplified by removing the time-consuming and costly process of visiting numerous government agencies to commence trade transactions by unifying all the requisite processes into the Single Window System.[4]
In July 2022, the National Electronic Single Window System Act[5] was enacted to give the agency's existence and objectives a clearer and more precise legal foundation.
Location
The headquarters of KenTrade is located in the capital city of Nairobi, at Embankment Plaza in the Upper Hill area of Nairobi.
See also
References
- ^ "About KenTrade – KenTrade". Retrieved 2023-05-14.
- ^ "Kenya Law: January 2011 (LNs 1-6)". kenyalaw.org. Retrieved 2022-10-01.
- ^ "Single Window System – KenTrade". Retrieved 2021-12-19.
- ^ "Single Window Clearance of Cargo to Make Kenya Competitive in Global Trade - Ministry of Industrialization, Trade and Enterprise Development (MoITED)". www.industrialization.go.ke. Retrieved 2021-12-19.
- ^ "Understanding the National Electronic Single Window System Act,2022 – KenTrade". Retrieved 2022-10-01.