KENYA, MOZAMBIQUE AGREE TO BROADEN THEIR CO-OPERATION

MAPUTO– Kenya and Mozambique have resolved to broaden their areas of co-operation, including the minerals and mining sector, livestock breeding, trade, tourism promotion, agri-business, manufacturing and value addition, and the Blue economy sector.

Speaking when he held talks with his host, President Filipe Nyusi, here Thursday, Kenyan President Uhuru Kenyatta pointed out that there was immense potential for collaboration in the area of the Blue Economy by virtue of the two countries’ long coastlines.

Besides the exploitation of marine resources, co-operation in this sector could also entail modernization of our sister ports — Beira and Mombasa — to ensure a sustained competitive edge in terms of efficiency, President Kenyatta said. This will spur trade and distribution of products not only between our countries but to our respective sub-region as well.

The president said Kenya would be delighted to partner with Mozambique in the implementation of his Big Four economic transformational agenda which focuses on food security, affordable housing, manufacturing and affordable healthcare for all.

I believe that these key pillars are not unique to Kenya but cut across our countries as foundations upon which sustainable development can be attained. This commonality gives us a sound platform for accelerated collaboration, President Kenyatta said.

Appreciating Mozambique’s milestone achievements in the development of its mineral and mining industry, President Kenyatta said he was keen to collaborate with Mozambique with a view to revamping the mining sector which has huge potential to transform Kenya’s economy.

It is indeed commendable that Mozambique’s mining sector contributes 14 per cent to the country’s GDP, compared to Kenya’s 0.8 per cent, President Kenyatta said.

The Joint Commission for Cooperation (JCC) agreement between the two countries signed in 1991 received a shot in the arm at Thursday’s meeting when President Kenyatta and President Nyusi directed their respective Foreign Affairs Ministries to work expeditiously to convene the next session of JCC and input robust monitoring and implementation mechanisms.

This will create the necessary momentum in our bilateral engagements to accelerate growth and progress in actualization of the objectives that we set out to achieve in our pursuit to deeper cooperation, President Kenyatta said.

Recognizing the significant role played by the private sector in trade and investment as engines of development, President Kenyatta and his host expressed the need to foster business and investment exchanges between the business communities of the two countries.

The initiative will encourage, trade and investments through private partnership joint ventures between business communities, thereby strengthening both Government to Government and people to people relations, President Kenyatta said.

The two leaders underscored the need to create a level playing field and an environment that would make business and investments between the two countries flourish. They encouraged the establishment of appropriate frameworks such as a Bilateral Trade Agreement and Avoidance of Double Taxation Agreement to guide the conduct of business and investments in Kenya and Mozambique.

The Kenyan delegation at the bilateral talks included Cabinet Secretaries (Ministers) Monica Juma (Foreign Affairs and International Trade), Adan Mohamed (Industrialization and Enterprise Development) and Charles Keter (Energy), and Transport and Infrastructure Development Chief Administrative Secretary Chris Obure.

Source: NAM NEWS NETWORK