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Kenya and Czech Republic sign investment and trade agreements

Clerkson Aroni by Clerkson Aroni
November 8, 2023
in News
Reading Time: 1 min read

The Czech Republic and Kenya have agreed to enhance trade and investments between the two countries.

Czech Prime Minister Petr Fiala and President William Ruto while issuing a statement at State House, Nairobi, said the two countries stand to gain from enhanced cooperation.

“I reaffirm Kenya’s commitment to deepening and broadening our relationship with the Czech Republic and looking forward to many more fruitful engagements in future,” Ruto said.

President Ruto said  that Kenya and the Czech Republic have shared warm and friendly relations since 1993.

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“There is immense potential to broaden and deepen our partnership,” Ruto added.

The President expressed his confidence that the two countries will witness high levels of commercial and trade activities and Kenya offers an array of benefits unmatched in the region.

The Kenyan Head of State  revealed that they  had discussed ways of enhancing trade and encouraged the envoys accompanying the Prime Minister to explore opportunities during their stay in Kenya.

“The opportunities are not limited to 52 million Kenyans but they extend to the EAC community with a population of 350 million people, also the tripartite agreement of EAC, COMESA and SADC with a population of 750 million people and the entire continent with 1.4 billion people.”

He urged the Czech Republic to consider establishing a hub in Nairobi and use it as a gateway to the broader region.

“We have agreed to establish a business council which will serve as a platform for bilateral talks for the private sector consultations and engagements,” he said.

The Czech Prime Minister is in Kenya for a 3 day working visit. During his visit, Fiala is expected to hold bilateral engagements with several senior state officials.

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Clerkson Aroni

Clerkson Aroni

Clerkson is a passionate writer and video creator who is fascinated by football, lifestyle, history, and sharing new discoveries. When he's not researching and writing compelling stories, he's behind the camera capturing informative videos for his audience. He welcomes story ideas and feedback from readers at cmotari@thesharpdaily.com

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