×
App Icon
The Standard e-Paper
Stay Informed, Even Offline
★★★★ - on Play Store
Download App

Kenya and Singapore agree to implement trade, investment treaty

President William Ruto receives Prime Minister of Singapore Lee Hsien Loong at State House, Nairobi on May 18, 2023. [Courtesy, PSCU]

Kenya and Singapore have agreed to operationalize a treaty they signed five years ago to improve trade and investment between the two countries.

The Bilateral Investment Treaty signed in 2018 sought to, among other things, remove double taxation on imported goods but the agreement is yet to come into effect due to a lack of clarity on how this should be done.

Premium Article

Get Full Access for Ksh299/Week.

Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Support Independent Journalism

Stand With Bold Journalism.
Stand With The Standard.

Journalism can't be free because the truth demands investment. At The Standard, we invest time, courage and skills to bring you accurate, factual and impactful stories. Subscribe today and stand with us in the pursuit of credible journalism.

Pay via
M - PESA
VISA
Airtel Money
Secure Payment Kenya's most trusted newsroom since 1902