India and Kenya signed Memorandum of Understanding (MoU) for cooperation in the field of agriculture and allied sectors.
India also announced $100 million Line of Credit (LoC) to Kenya for agricultural mechanization.
The agreement was signed after delegation level talks between Prime Minister Narendra Modi and Kenyian President Uhuru Kenyatta in New Delhi. It was first official state visit of President from Kenya to India since 1981.
Joint statement released by both leaders
Expansion of bilateral trade, greater flow of capital between two countries and stronger developmental partnership is a priority. Both sides will also explore opportunities in blue economy.
They also discussed long term arrangements for production and import of pulses. Both countries will focus on quick operationalisation of the defence cooperation along with hydrography, anti-piracy, communication networks, capacity building and defence medical cooperation.
They will encourage industry and business in both countries to take lead in exploiting opportunities in healthcare, tourism, IT, agriculture and energy. Joint Working Group (JWG) focusing on cyber security, counter terrorism, combating narcotics trade, human trafficking and money laundering will meet early.
They also condemned terrorism in all its forms and reiterated their commitment to work together in this regard.
They also committed to strengthen cooperation against terror threats from extremist groups.
India invited Kenya to join the framework agreement of the International Solar Alliance (ISA) and also offering its expertise in the area of LED smart street lighting and LED bulbs for domestic use.
Current Affairs 12th January, 2017 Current Affairs Round Up Bullet Points, December, 2016
Join The Discussion