Kenya, Somalia commit to enhance bilateral relations in trade and investment
Kenya and Somalia have
committed to deepen their bilateral relations and economic ties in trade and
investment with a view of boosting the economy of both nations.
Following a meeting between
Deputy President Rigathi Gachagua and Somalia’s Prime Minister Hamza Abdi Barre
in Nairobi on Tuesday, the two countries also discussed joint elimination of
cartels and promoting transparent and sustainable trade practices that benefit
all stakeholders.
The official visit comes on
the heels of the third Session of the Joint Commission of Cooperation (JCC)
between the two countries held in Nairobi from May 3 to 5, 2024.
“The two leaders reaffirmed
their commitment to deepen bilateral relations in trade and investment,” said
Kenya’s Prime Cabinet Secretary and Cabinet Secretary for Foreign Affairs
Musalia Mudavadi in a joint communique.
“They recognised the
opportunity for both States to complement each other’s resources, goods,
services and personnel resulting in a cohesive bilateral trade system.”
The meeting held at the
Deputy President’s official residence in Karen, Nairobi, was also attended by
senior Government officials from the two nations.
In his remarks Gachagua
noted that despite the rich historical and cultural ties between the two
neighbouring nations, the bilateral trade was still minimal.
He observed that in 2022,
Kenya’s exports to Somalia amounted to USD124.5 million (Ksh.15 billion) and
imports were USD581.7 thousand (Ksh.71.5 million).
“There is no doubt that
these trade volumes could be increased through leveraging the Kenya–Somalia
relations into tangible benefits by creating opportunities for our citizens,”
said Gachagua.
Kenya and Somalia further
resolved to work on removing barriers to facilitate the movement of people and
goods, promote investment and open up new markets of mutual interest.
Gachagua challenged the
respective Chambers of Commerce of the two countries to consider establishing a
Memorandum of Understanding amongst them with the objective of boosting
interaction between the private sectors.
He stated that the enhanced
bilateral relations will advance shared economic prosperity for the benefit of
the Kenyan and Somalia people.
On admission of Somalia into
the East African Community integration process in November 2023, the Deputy
President said Somalia will benefit from the EAC’s regional infrastructure
projects such as roads, railways and energy networks.
This, he said, will improve
connectivity and enhance transportation links and boost regional trade.
Discussions of the two
leaders also covered other areas of the economy such as defence, internal
security, immigration, economy, education, transport and infrastructure,
political affairs, among others.
To foster sustainable
agricultural and livestock development, the two Governments tasked their
respective Cabinet ministries to initiate and finalize the necessary MoUs to
promote cooperation in Crop Development, Livestock Health, Marketing, among
others.
At the meeting, the Kenyan
Government side that was led by DP Gachagua comprised Cabinet Secretaries Musalia
Mudavadi, Aden Duale (Defence), Kipchumba Murkomen (Roads and Transport),
Ezekiel Machogu (Education), Mithika Linturi (Agriculture and Livestock
Development), Rebecca Miano (Investments, Trade and Industry), Florence Bore
(Labour and Social Protection), Peninah Malonza (East African Community, the
ASALS and Regional Development) and Salim Mvurya (Mining, Blue Economy and
Maritime Affairs).
On the Somalia Government’s
side, Prime Minister Barre was accompanied by Ahmed Moalin Fiqi (Minister of
Foreign Affairs and International Cooperation), Abdiqadir Jama Nur,(Minister of
Defence), Abdullahi Ismail Fartaag (Minister of Internal Security), Fardowsa
Osman Igal (Minister of Transport & Civil Aviation), Jibril Abdirashid Haji
Abdi (Minister of Commerce and Industry), Farah Sheikh Abdigadir (Minister of
Education, Culture and Higher Education) and Hersi Jama Ganni (State Minister
of the Office of Prime Minister).
“The two leaders emphasised
the importance of the implementation of the concluded instruments and directed
the ministries responsible for Foreign Affairs to develop implementation
modalities,” said Mudavadi in the joint communique.
He said the leaders also
noted that there were ongoing discussions to conclude several bilateral
instruments in other areas, including Internal Security (immigration and police
matters), Trade and Industrialisation, Standards, Agriculture, Health,
Education and Training, Cultural Cooperation, Sports, among others.
He stated that they directed
their respective ministries to expedite dialogue and formalise relevant
agreements.
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