Shanghai International Commodity Auction Company signed a Framework Agreement of Strategic Cooperation with the Agriculture and Food Authority of the Republic of Kenya on November 9, 2018 during the inaugural China International Import Expo.
The agreement covers the import of premium Kenyan agricultural products to China, including fresh flowers, tea, fruit, etc. Kenya is an important exporter of fresh flowers and produce in the world. The agreement aims to introduce these products to the Chinese market in a more cost-efficient and convenient way, and also serves as part of SICAC’s strategy of "Shanghai Flower Valley", in cooperation with Chongming District in Shanghai, to connect the international and domestic markets.
Mr. DAI Peihua, Chairman of SICAC, expresses in the speech delivered on the occasion of the signing ceremony his full confidence in establishing a reciprocal trading relationship with the Kenyan counterparts. The advanced cultivation techniques and the cold chain logistics system in Kenya are some of the experience the future flower trading center in Shanghai can learn from, as said by Mr. DAI, and at the same time businesses and individual growers in Kenya will also benefit from the market potential in Shanghai and the Yangtze River Delta.
Mr. Nehemiah Chepkwony, Head of the Horticulture Crops Directorate of AFA, congratulates on the framework agreement. He considers the agreement as a substantive step in addressing the consensus reached by President Uhuru Kenyatta and President XI Jinping during the CIIE of a balanced trading relationship between the two countries. Mr. Chepkwony is looking forward to the success of this bilateral cooperation.
The agreement is signed during the first China International Import Expo in Shanghai
Mr. DAI Peihua, Chairman of SICAC, delivers a speech
Mr. Nehemiah Chepkwony, Head of the Horticulture Crops Directorate of AFA, delivers a speech