Boost as agency proposes halving consignment fee for local exporters

Workers sort avocados for export at Naivasha-based Vertical Agro Ltd [Kelvin Karani, Standard]

Kenya Trade Network Agency (KenTrade), the state agency mandated to spearhead cross-border trade, has proposed to slash the $10 (Sh1,300) Unique Consignment Reference (UCR) fee by half to increase cross-border trade.

The reduction of the fee, which is charged per Import Declaration Form (IDF), is expected to lower export costs, particularly for businesses dealing with fresh produce.