Kenya-South Korea sign trade agreements

Kenya and South Korea business organisations have signed a partnership agreement to fast track trade and investment. The two parties agreed to pursue development-oriented policies that support job creation, entrepreneurship, creativity, innovation and encourage the growth of Micro, Small and Medium Enterprises. The deal signed between the Kenya National Chamber of Commerce and Industry, the Korea Institute of Procurement will also seeks to promote effective Public-Private Partnerships and address youth unemployment. President William Ruto who spoke in Seoul, South Korea during a business forum to unlock trade and investment opportunities between Kenya and South Korea, stated that Kenya has created an enabling environment to attract investors. He welcomed the South Korea business community to invest in major projects in transport, infrastructure, agriculture, health and ICT in Kenya.