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KNCCI boss Richard Ngatia seeks partnerships ahead of Kenya-Barbados trade webinar

The Kenya National Chamber of Commerce and Industry (KNCCI) in partnership with the Barbados Chamber of Commerce and Industry (BCCI) will on Tuesday, 21st March 2023 host a Virtual dialogue Series.

The first session of the series will be held virtually starting from 8:30 a.m. to 10:00 a.m. on Tuesday and is open to those interested in learning more about the Kenya and Barbados markets.

Speakers at the webinar will look to demystify the Barbados and Kenya Markets as well as share insights on investment opportunities and doing business in Kenya and Barbados.

The collaboration between BCCI and KNCCI will seek to address business opportunities in commerce and markets between Barbados and Kenya.

At the same time, the Hong Kong Trade Development Council-Kenya paid a courtesy visit to the Kenya National Chamber of Commerce & Industry president Richard Ngatia. The visit was aimed to introduce Director General Stephen Phillips and to deliberate on areas of partnership and business opportunities.

Ngatia emphasized KNCCI’s role in advocating for the creation of a favorable commercial, trade, and investment environment that supports enterprise expansion. He noted that KNCCI is working with various development partners toward realizing its mandate and ensuring the growth of business for its members and the entire business community.

Many businesses are faced with financial obstacles, KNCCI works closely with various financial institutions to offer financial solutions and capacity building for businesses.

During the 4th Edition of the SMEs Conference and Expo themed ‘Accelerating the MSMEs growth through adoption of technology and innovation ‘ KNCCI articulated the importance of having digital hubs and we hope that this partnership will play a critical role in bridging the gap.

InvestHK, Director-General Mr.Stephen Phillips, stated that InvestHK works with a vision to strengthen Hong Kong’s status as the leading international business location in Asia. The organization also works with overseas entrepreneurs, SMEs, and multinationals that wish to set up an office or expand their existing business in Hong Kong.

Hong Kong is a regional hub for innovation and technology (I&T) development, focusing on biotech, artificial intelligence, robotics, data, and smart cities

InvestHK is looking forward to a long-term partnership for practical collaboration with a focus on all sectors to enhance trade between the two countries through the provision of market linkages and dissemination of information.

Hong Kong Trade Development Council (HKTDC) organizes 37 expos every year which would be of economic interest to both countries.HKTDC is working towards reviving the Lifestyle Expo in Kenya which will consist of customized business matching services for visitors to facilitate their sourcing of Hong Kong lifestyle products and A commercial delegation of companies exhibiting their key products and negotiating business at their booths.

KNCCI is looking forward to the formation of the Joint Business Council (JBC) in order to bring all the ideas to reality and promote trade.

Earlier in the week, Kenya signed a memorandum of understanding with Malaysia to boost bilateral trade between the two countries.

The two countries signed the agreement through their respective trade organizations; Kenya National Chamber of Commerce and Industry and Kuala Lumpur and Selangor Indian Chamber of Commerce and Industry at a Nairobi hotel on Wednesday.

Kenya National Chamber of Commerce and Industry President Richard Ngatia and his Kuala Lumpur counterpart Nivas Ragavan presided over the document’s signing during an event dubbed “Kenya – Malaysia Business Forum.”

The event was attended by High Commissioner of Kenya to Malaysia Francis Muhoro, High Commissioner of Malaysia to Kenya Ruzaimi bin Moha.

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