KenTrade
The Kenya Trade Network Agency, or KenTrade, is a wholly-owned parastatal of the Government of Kenya, mandated with the responsibility of facilitating trade logistics in the Republic of Kenya.[1]
| 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] with the aim of simplifying the administration and logistics of both local and international trade.
The agency achieved this through 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 taxes and duties due 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 traders, both local and international.
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 through unifying all the requisite processes into the Single Window System.[4]
The National Electronic Single Window System Act[5] was enacted in 2022 to enable the agency's existence and operations have a more precise legal foundation as compared to the Notice that initially established it.
Location
The headquarters of KenTrade are located in the capital city of Nairobi, at Embankment Plaza in the Upper Hill area of Nairobi.
See also
References
- ^ "About KenTrade – KenTrade". Retrieved 2021-12-19.
- ^ "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.