Details of the 6 Agreement Kenya made with China.

The administration of President Uhuru Kenyatta on Thursday, January 6 renewed its agreement with China by concluding a new agreement that will increase the presence of the Asian country.

The new agreements were signed at a high-level bilateral conference chaired by Foreign Minister Raychelle Omamo, attended by Chinese Foreign Minister Wang Yi, among other officials.

In the Memorandum of Understanding (MOU), a total of six agreements were signed, among them trade and agriculture. According to the new agreement, in the agricultural sector, Kenya will receive green light to export apricots and fish to China.

president Uhuru and China’s president

Within the Ministry of Innovation and ICT Youth, Kenya has entered into an agreement with the Chinese Ministry of Commerce, which aims to recognize the digital economy as a key catalyst for global economic growth.

The agreement will allow the two countries to explore areas of cooperation in investing in a digital economy in line with Kenya’s Vision 2030.

“The ICT Ministry of Innovation and Youth and the Ministry of Commerce of the People’s Republic of China have signed a Memorandum of Understanding that recognizes the digital economy as a key catalyst for global economic growth and possible cooperation between Kenya and China,” ICT said. The ministry headed by Minister Joe Mucheru said.

The Ministry added, “Through the Memorandum of Understanding, Kenya and China will explore areas of cooperation in investing in the digital economy, in line with Kenya’s Vision 2030 and China’s 14th Five Year Plan (2021-2025) for national economic development. and social “.

To boost trade and reduce deficit, the two countries signed an agreement to form a working group to address tariffs and non-tariff barriers.

The two sides recognized the steady increase in trade between the two countries and the potential for increased market growth and exports.

“This is an important protocol that will accelerate market access for these two products,” Omamo said.

Cooperation in the areas of big data strategy, ICT, cyber and e-government was also discussed during talks between the two countries to agree on capacity building and technology transfer.

Other sectors that will benefit from the agreement are the agricultural sector, textile industry, leather processing, footwear, furniture, construction and more.

Kenya has worked side by side with China to develop infrastructure and with a recent visit by the Chinese minister, action is underway to renew further agreements.

During the reception of the Minister of Foreign Affairs on Wednesday, January 5, Omamo explained that the visit of Wang Yi, who is also a government councilor is historic. He said security, health, climate change and the transfer of green technology would be negotiated and a new bilateral agreement would be signed.

According to a recent report published in Business Daily, the Asian nation controlled major projects worth more than Ksh1 trillion.

“So far, we have built many roads in the center of our city. More than 420 kilometers have been transported to facilitate the transportation of our people.

Our cooperation with China is a mutually beneficial partnership based on the principle of win-win and we are very grateful to the Chinese government for its continued support not only to our country but also to other nations in Africa. Uhuru said after the visit. to inspect the progress of the ongoing construction of the Nairobi highway.

During his last visit to the Chinese minister, he will accompany President Uhuru to inspect the development of the Kipevu petrol station in the port of Mombasa which is due to start operating by April 2022.

The project started in February 2019 and is currently 96% complete with four jets that will allow at the same time to carry three ships with a capacity of 200,000 tons each.

%d bloggers like this: