Following discussions between the Iranian Ambassador in Nairobi and Kenya’s Foreign and Diaspora Affairs Cabinet Secretary Alfred Mutua, it has been announced that Kenya will export 40-50 tonnes of sheep meat per day to Iran.
This is expected to have an export value of Ksh772 million per month.
Additionally, Kenya will export 10,000 tonnes of onions to Iran along with tea.
The talks also included discussions about scholarships for Kenyans to study in Iran, a visa-free regime between the two countries, and the removal of red tape that caused Iran to withdraw Ksh40 million meant for nanotechnology research in Kenyan universities.
In 2021, Kenya exported products worth Ksh2.6 billion and imported Iranian products worth Ksh4 billion.
This new trade deal comes in the wake of sanctions imposed on Iran by the US and EU member states.
Kenya’s president, William Ruto, has prioritized creating a conducive business environment.