Kenya, Indonesia to expand partnership on trade, investment


Indonesia's President Joko Widodo inspecting a guard of honour in Nairobi, Kenya on Aug 21, 2023. - Reuters

NAIROBI (Xinhua): Kenya and Indonesia on Monday (Aug 21) agreed to expand partnership on trade and investment in a move to bring more benefits to both sides.

Kenyan President William Ruto and his visiting Indonesian counterpart Joko Widodo witnessed the signing of a cooperation agreement in mining and geology which will involve joint studies, knowledge sharing, and capacity building between the two countries.

"We have agreed to enhance and expand the partnership between Kenya and Indonesia with a focus on four key issues -- food security, mining, renewable energy, and health," Ruto said after holding a bilateral meeting in Nairobi, the capital of Kenya.

"We will seize our energies and create the necessary environment for increased trade between our countries," he said.

According to statistics from Kenya, investment and trade between the two countries were valued at more than US$600 million in 2022. The high-yielding areas of focus, Ruto underlined, include textiles and apparel, energy, mining, and oil production and refining.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Indonesia , Kenya , investment , trade

   

Next In Aseanplus News

First Singaporean golfer at US Masters hopes 'not be in awe' of heroes
Four dead as helicopter crashes into hospital in Turkey
Disgraced top China banker Liu Liange married son’s girlfriend, causing his chronic depression
India child marriage crackdown reaches nearly 5,000 arrests
Cambodia to grant Japan visitation rights to China-linked naval base
Asean News Headlines at 10pm on Sunday (Dec 22, 2024)
Scientists struggle to explain record surge in global heat
OK for Muslims to wish Christians 'Merry Christmas', says Jakim
Asean will want inclusive Myanmar election, says bloc members
Tourists must register, book slots in Jan 2025 for NUS campus tours and pair up with student guide

Others Also Read