Kenya and Mozambique Sign Three MOUs to Boost Trade, Security and Investment Cooperation

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Nairobi — Kenya and Mozambique have signed three Memoranda of Understanding to strengthen cooperation between the two nations.

They are on diplomatic training, research and capacity building, correctional services, youth development and sports collaboration, and agreements on cooperation.

President William Ruto and President Daniel Chapo witnessed the signing of the MoUs at State House Nairobi on Thursday.

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President Chapo is in the country on an Official Visit at the invitation of President Ruto and was the chief guest at the 4th Kenya International Investment Conference on Wednesday, where deals worth $2.9 billion (KSh376.5 billion) investments in Kenya.

The President said bilateral talks with President Chapo focused on strengthening the strategic partnership between the two nations.

On trade and economic cooperation, President Ruto welcomed the progress made, saying the two nations will work on unlocking opportunities for expansion and diversification.

“We have identified key areas of growth, including pharmaceuticals, tea, edible oil, cosmetics, industrial products, agro-processing, energy, agriculture, horticulture and business,” he said.

The two leaders agreed to enhance business linkages such as the Kenya-Mozambique Forum as well as address barriers to trade, including tariff and non-tariff barriers.

President Ruto also said the two countries will enhance tourism as a key driver of economic growth, job creation and cultural exchange.

He said this will include collaboration in joint destination marketing, the development of integrated coastal and safari tourism circuits, and the promotion of intra-African travel.

“By strengthening cooperation between our tourism institutions and private sector stakeholders, we aim to increase visitor flows, diversify our tourism markets, and offer richer and more compelling travel experiences across our regions,” he said.

On the blue economy and maritime cooperation, the President said the two nations will work towards exploring cooperation between the Port of Mombasa and Mozambique ports to support the development of an integrated East-Southern logistical corridor.

“This will enhance regional connectivity, reduce trade costs and delays, and support industrialisation and export growth,” he said.

The President explained that Kenya and Mozambique are exploring ways of working together in harnessing natural gas and coal resources in the southern African country to diversify energy sources to meet Kenya’s energy growing needs.

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