Kenyan and Russian delegations resolve to establish a Russia - Kenya business organization council to oversee the effectuation of joint craft and investment programmes .

The delegations led by Chief Executive Uhuru Kenyatta and his Russian host Vladimir Putin met on the sidelines of the first Russia - Africa Summit in Sochi .

During the bilateral talks , the two drawing card underscore the need for the business council saying it will provide a framework within which Kenya and Russia will pursue partnership in trade , investment and maturation .

Article image

The Heads of State said entrenching two-sided and multilateral partnership would help their respective countries in achieving faster advance in craft and surety .

" To enhance the share growth and modernization agendum of our two rural area , I consider it important to intensify people - to - people tangency and our cooperation in security and defence , business deal and investment , tourism , free energy , refinement , skill and technology , " President Kenyatta said .

The President said although Kenya is the second declamatory trading partner of Russia in Africa , the full potential of the economic cooperation remains untapped .

He order there is need to identify ways of improving trade between the two countries , which currently is in favor of Russia , with a trade deficit of 2.3 billion US clam .

President Kenyatta say Kenya is lancinating on the organization of regulative environment that facilitate swop and investment menstruum and assured his host of his organization ’s agreement to the setting up of the job council .

He said there is motivation for Kenya and Russia to renegociate the Bilateral Air Services Agreement so as to establish verbatim shipment flights between the two countries as a mechanism for hike up Commerce Department between Moscow and Nairobi .

Russia mainly imports burn flowers , coffee , tea , fruit and vegetables from Kenya while cereals , Fe and steel , fertiliser and paper , are the top Russian imports into the Kenyan marketplace .

President Kenyatta invited Russians to adorn in Kenya ’s expectant 4 Agenda antecedency areas of manufacturing , affordable housing , universal health and manufacturing saying direct investments would help " enhance economic cooperation " .

He singled out building of low-priced theater , tourist charter flight service and quad engineering as some of the chance available to Russian investors .

In the sector of get-up-and-go , the President articulate Kenya is concerned in tapping Russia ’s expertise as a leader in the sustainable exploration and development of renewable energy and natural gas pedal resourcefulness .

The President inquire the Russian political science to expand its scholarship programme in technology , practice of medicine and related sciences to benefit more Kenyans saying the potent historical ties between the two nations will be fortify further through such exchange .

" Russia play an unforgettable and extremely valued role in Africa ’s struggle for liberation and independence .

“ Africa ’s aspiration for exemption and shore leave is enriched by the human relationship with Russia . African heroes including Kenya ’s founding father , Mzee Jomo Kenyatta – drew from the vision of the Soviet Union , " President Kenyatta say .

President Putin recalled the historical friendly ties that exist between Kenya and Russia say the two nations apportion alike values and that Russia was among the first nations to institute diplomatical intercourse with Kenya .

“ First of all , I would like to observe that the chronicle of friendly crosstie between Russia and Kenya break back to the sidereal day when Kenya gained independence , which was proclaimed by your father , former President Jomo Kenyatta .

“ And a solar day later , diplomatic affiliation were established , on December 12 and December 14 , 1963 , accordingly , ” President Putin call up .

He expressed hope that sevens of the two land will continue play a key use in the development of bilateral railroad tie as they were the first to pioneer two Russian - Kenyan meetings in 2011 and 2012 .

“ I go for that this cooperation between our parliaments will also continue and will make golden conditions for the development of our sexual congress , ” the Russian President read .

To bridge the business deal imbalance that exists between Nairobi and Moscow , President Putin said the two state necessitate to prioritise cooperation in trade and investing .

“ Last twelvemonth it grew only a piffling , but it was still 1.2 percent ontogenesis . We are beaming that several Russian companies have derive a bridgehead in the Kenyan market , ” President Putin said as he encouraged more Russian private sphere player to clothe in Kenya .

On serenity and protection , President Putin commended Kenya for her staunchness in the fight against terrorism and violent extremism in Eastern and the Horn of Africa part .

The Russia leader cite how Kenya swiftly and steadfastly dealt with the Dusit Hotel terrorist attack saying it was an denotation of how effective the body politic ’s security government agency can become in dealing with emerging surety threats in the country and the area .

For more entropy : www.president.go.ke