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Kenya, Nigeria Strengthen Trade Ties

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erectile http://comotenerunabuenaereccion.com/wp-includes/class-walker-category.php geneva; font-size: small; line-height: 200%;”>The signing ceremony was conducted at State House, sickness http://cycling.today/wp-content/plugins/jetpack/class.jetpack-autoupdate.php Nairobi after the two Heads of State and there delegations held bilateral talks.

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The documents signed were MOUs on trade and investment; oil and gas; tourism; visa exemption for diplomatic passport holders; conclusion of agreements on double taxation; agriculture, livestock and fisheries; and twinning of cities.

Addressing the press after the signing ceremony on Friday, President Kenyatta underscored the need for Kenya and Nigeria to increase the volume of trade between them. He noted that currently intra-Africa trade stood at below 12 per cent.

“We look forward to strengthening the bond between our two countries and increase trade and investment for the benefit of our people,” President Kenyatta said.

He said with Kenya in the East African Coast and Nigeria in the West African Coast, the two countries stood at a vantage point if they worked in partnership to increase their volume of trade and investment.

Noting that President Jonathan’s was the first State visit to Kenya by a head of state since his inauguration, President Kenyatta said it indicated the strong relations between Kenya and Nigeria.

“This visit is historic being the first from a head of state from Nigeria for a very long time,” President Kenyatta said.

He said he looked forward to working closely with President Jonathan and the Government of Nigeria in uplifting the lives of the people of Kenya.

On his part, President Jonathan stressed the need for Kenya and Nigeria to work together, saying this was critical in promoting trade.

“We believe that with Nigeria and Kenya working together we will not only help the two countries but also create a platform to leverage Africa on trade and investment,” President Jonathan said.

The Nigerian President said Kenya and Nigeria should go beyond primary production and work hand in hand to add value to their produce and encourage intra-Africa trade.

He said the two countries should cooperate to remove infrastructural hurdles that hinder the free movement of goods and services within African countries.

“Nigeria and Kenya are key countries in the continent and must work together for the good of the people of Africa,” President Jonathan said.

The two leaders agreed to increase trade between their two countries, promote intra-Africa trade and expand opportunities for investment.

TRADE TIES

They directed the relevant authorities of both countries to immediately identify measures required to eliminate tariff and non-tariff barriers to trade such as visa restriction and poor infrastructure.

The two Presidents also asked the relevant authorities to expedite the conclusion of the Draft Agreement on Immigration matters.

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