Chapter Six

Trade and Industry

Trade and Industry is an important activity in realizing economic growth in Kenya.

FORD-KENYA will increase the volume of exports for increased foreign exchange earnings through:

1. An aggressive search for export markets

2. Establishment and observance of high quality standards of products for local and export markets

3. Imposition of punitive penalties for production of sub-standard products and the importation of counterfeit goods

4. Reduction of transaction costs of investment

5. Increased power production and distribution and lowered cost of use

6. Rebuild and maintain infrastructure

7. Lowering the cost of telecommunications

8. Empowerment of enterprise support institutions in the public and private sectors to support rural industries

9. Revival of all collapsed industries

10. Establishment of a standing enterprise fund

11. Strengthening of enterprise training institutes for capacity building of prospective investors

12. Increased prospecting and mining, processing and export of viable mineral resources

Regional trade which accounts for a substantial margin of cross border trade will be given special attention to ensure that bottlenecks at border points are eliminated.

We shall adhere to the principles of the customs union in order to promote the success of the East African Community and COMESA in nurturing the free trade zone. We will also advocate for and insist on the reduction and/or removal of subsidies in global trade.