Kenya, Mozambique sign three MoUs to boost bilateral cooperation

Kenya and Mozambique have signed three Memoranda of Understanding (MoUs) 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 Francisco Chapo witnessed the signing of the MoUs at State House Nairobi on Thursday.

President Chapo was in Kenya 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 (Ksh.376.5 billion) investments in Kenya were signed. READ:Kenya: President Ruto, Mozambique’s Daniel Chapo seal US$3 billion investment deals – report Mozambique’s President Chapo attends OACPS Summit in Malabo, Equatorial Guinea President Ruto 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.