Kenya and Guinea-Bissau are implementing far-reaching policies that will boost trade between the two countries.
President William Ruto said while the current trade volume between the two countries is low, there is potential for improvement.
He cited the African Continental Free Trade Area Agreement that is poised to enhance commerce.
President Ruto said Kenya and Guinea-Bissau are keen on implementing the Memorandum of Understanding that established a Joint Commission for Cooperation (JCC) signed in 2022.
He explained that enhanced collaboration between the private sectors of both nations will significantly boost trade volumes.
He made the remarks on Friday during a press briefing following bilateral talks with his Guinea-Bissau counterpart President General Umaro Sissoco Embalo.
President Ruto who is on a state visit to Guinea Bissau was decorated with Guinea-Bissau’s highest medal by President Embalo at the presidential palace.
He said the JCC will facilitate cooperation in areas of mutual interest, including security, agriculture and livestock, fisheries and the blue economy, as well as environment and forestry.
President Ruto pledged to initiate direct flights between the two countries.
He noted that this will bolster trade and strengthen people-to-people cooperation.
Distributed by APO Group on behalf of President of the Republic of Kenya.
This Press Release has been issued by APO. The content is not monitored by the editorial team of African Business and not of the content has been checked or validated by our editorial teams, proof readers or fact checkers. The issuer is solely responsible for the content of this announcement.
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