Traders will continue shipping in wheat and rice at a preferential tax lower than a binding standard tariff that guides trade within the East African Community(EAC) bloc.
National Treasury Cabinet Secretary John Mbadi said the EAC Council of Ministers last month granted Kenya’s request for an extension of duty remission to support the stocks produced by local farmers—handing traders a relief from the higher 35 percent common external tariff (CET) for the seven-member bloc.
