The initiative, the ‘UK-Kenya Trade Logistics Information Pipeline’ (TLIP), aims to eliminate paperwork and introduce much better visibility up and down supply chains that flow between Kenya and the UK.
It will cut costs for Kenyan firms producing goods like green vegetables and cut flowers for export to the UK, reducing prices for UK consumers, importers and retailers. UK exporter will also be able to benefit from better access to one of Africa’s fastest growing markets.
TLIP is the first digital trade corridor to be established between the UK and a developing country since the UK’s exit from the European Union. Indeed, TLIP is strongly aligned with the Economic Partnership Agreement (EPA) signed this year between the UK and Kenya.
IOE&IT Director General Marco Forgione said: “We’re proud to be partnering in the TLIP project. We believe it can deliver substantial benefits, not only to traders in the relevant supply chains, but also to the UK in terms securing its position as a global leader in digital trade. Provisions to improve digital delivery are an increasingly important part of trade agreements – and it is initiatives like this that will make them succeed.”
CEO of TMEA Frank Matsaert said: “TMEA is excited to be expanding our homegrown digital solution and expanding TLIP to the UK which will create a transparent, efficient and cost-effective way of managing trade information to support and boost trade efficiency between the two countries. TLIP is also expected to support trade within the AfCFTA growing trade within the continent and support global trade.”
At its core, TLIP has three Engines:
Trade between the UK and Kenya has been growing, in both directions, for over two decades. We believe that TLIP has the potential to further accelerate this growth through:
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