- India and Kenya have signed seven agreements to deepen and expand cooperation. Important MoUs are:
- MoU on Defence Cooperation
- MoU in the field of space Technology partnership
- Revised Double Taxation Avoidance Agreement (DTAA)
- Bilateral agreement on exemption of Visa for holders of Diplomatic passports
- Line of Credit (LoC) Agreement for US $29.95 million to Kenyan Government
- India will finance a cancer hospital in Kenya.
- India will donate medicines for AIDS patients in Kenya
- India would provide concessional credit of 60 million dollars for power transmission project to Kenya
- MoU between India and Kenya on cooperation in the field of National Housing Policy Development and Management (NHPDM)
- Both sides will collaborate on all matters relating to human settlements and housing through various strategies including training of personnel, exchange visits, exhibitions, conferences and workshops
- The cooperation between both nations will focus on upscaling slum prevention and upgradation initiatives based on experience and implementation process of each country
- MoU for cooperation in the field of agriculture
- India also announced $100 million Line of Credit (LoC) to Kenya for agricultural mechanization
What both governments want?
- Expansion of bilateral trade
- Greater flow of capital between two countries
- Stronger developmental partnership
- Both sides will also explore opportunities in blue economy.
- 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.