Kenya, Indonesia to expand partnership on trade, investment


  • World
  • Tuesday, 22 Aug 2023

NAIROBI, Aug. 21 (Xinhua) -- Kenya and Indonesia on Monday 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 600 million U.S. dollars 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!
   

Next In World

Republican House Speaker Mike Johnson refuses to say Trump lost 2020 election
Europe's far-right rallies round Salvini ahead of boat verdict
Floods in Bangladesh leave five dead, thousands stranded
Romania's top court removes far-right candidate from presidential race
Survivor of rare rapid-ageing disease progeria dies at 28
Pope Francis to appoint 21 new cardinals on Dec. 8
Brazil votes in local elections with eyes on 2026 presidential showdown
Tunisians vote in election, with main rival to President Saied in prison
Russia targets Kyiv, Odesa in latest drone attack
India's ruling party set to lose two state elections, exit polls show

Others Also Read