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{
    "id": 1037996,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1037996/?format=api",
    "text_counter": 398,
    "type": "speech",
    "speaker_name": "Kipipiri, JP",
    "speaker_title": "Hon. Amos Kimunya",
    "speaker": {
        "id": 174,
        "legal_name": "Amos Muhinga Kimunya",
        "slug": "amos-kimunya"
    },
    "content": " Thank you, Hon speaker. Let me start by commending the Departmental Committee on Finance and Planning for the wonderful job they have done in considering this Double Taxation Agreement or the double taxation avoidance agreement between our great Republic and the Republic of Mauritius. It has been a long journey. It started in 2012 and was ratified, but then the ratification was challenged. At least, we are now doing it the right way. In between 2012 and now a lot of business opportunities have been lost because when you look at even from the United Nations Conference on Trade and Developments (UNCTAD) reports of 2018, it recognised Kenya. The world trade that has grown exponentially between countries and Kenya has not been left behind. If you look within the region and Mauritius is within the Common Market for Eastern and Southern Africa (COMESA), Kenya has been a major player in facilitating trade. Mauritius took a strategic decision within its forward plan to become the financial capital to the region and hence most of the businesses have ended up getting into Mauritius, but are trading with Kenya, including Kenyan companies. There are big names, we know of some of the banks and big insurance companies in this country are actually having their headquarters in Mauritius strategically because Mauritius created The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}