Pakistan and India are at the moment in another standoff after the latter suspended the semi-autonomous status of the contested Kashmir region."We would like to use this impasse to further our tea exports to Pakistan as Kenya stands to benefit from this standoff," said Edward Mudibo, Managing Director at the Eatta
The system allows tea buyers and brokers to securely settle purchases through Stanbic's Electronic Bill Board (EBB) system -- seam- lessly and within the stipulated timelines set by EATTA
. During settlement, the EBB system automatically deducts and remits monies to all the participants involved in the transaction.
The world's biggest tea auction centre was set up in Mombasa, the port on the Indian Ocean, by the East African Tea Trade Association (EATTA
) in 1957, where the brisk and fresh black Kenyan CTC teas are shipped to their consumer markets.
Iran is among the traditional buyers of Kenyan tea and in the six months to last June purchased Sh575 million goods.We want to engage with the government and other stakeholders to see the options that we can adopt in the wake of the sanctions to sustain that market, Eatta
managing director Edward Mudibo said.
brSome three weeks later, a regional tea traders association and Mombasa county government struck a deal scrapping the levy imposed by the devolved unit for each package entering the port city.The East African Tea Traders Association (Eatta
) and Mombasa Countys trade department reached an agreement that saw trucks ferrying tea meant for export exempted from paying cess.
This thriving tea economy has led to the founding of the East African Tea Trade Authority, EATTA
, in 1956, and the establishment of the Mombasa Tea Auction, which later on became the world's biggest auction.
Consultative meetingsThe team held consultative meetings with top officials of the market regulator,East African Tea Trade Association (EATTA
), KTDA board, respective factories among other stakeholders in a bid to establish why the west of Rift farmers earn less bonus compared to the Eastern part.
On the basis of these structures they then created the East African Tea Trade Association (EATTA
) in Nairobi, in 1957.
While in Kenya, the DTTC will be hosted by the East African Tea Trade Association (EATTA
Organized by the East African Tea Trade Association (EATTA
) and The Tea Board of Kenya (TBK), the World Tea Convention -- Kenya will be a global tea marketing forum, bringing together members of the tea trade from all over the world.
The East African Tea Trade Association (EATTA
) complained this past fall about what they perceive as unnecessary restrictions on travel of crucial tea buyers from tea-loving Islamic nations.