India and Kenya signed 7 Agreements

July 11, 2016    

sponsored links

Following delegation level talks, the Prime Minister of India Narendra Modi and President of Kenya, Uhuru Kenyatta today signed 7 Agreements and MOUs, including in the field of defense cooperation, to strengthen institutional cooperation between respective defence establishments.  

The Signed Agreements are,
  • A bilateral agreement on exemption of visa for holders of diplomatic passports.
  • A memorandum of understanding (MoU) in the area of defence cooperation.
  • A MOU on cooperation in the field of national housing policy development and management.
  • A MOU on cooperation in the field of standardisation, expertise sharing and mutual trade between Bureau of Indian Standards and Bureau of Kenya Standards.
  • A revised Double Taxation Avoidance Agreement.
  • According to another agreement, India will extend a line of credit of $15 million (first tranche of $30 million) to IDB Capital, Kenya, for development of various small and medium enterprises [SMEs] in the east African country.
  • An agreement for extension of a line of credit of $29.95 million by India to the Kenyan government for upgrade of Rift Valley Textiles Factory (RIVATEX East Africa Limited), Kenya.
sponsored links

This entry passed through the Full-Text RSS service - if this is your content and you're reading it on someone else's site, please read the FAQ at http://ift.tt/jcXqJW.
Recommended article from FiveFilters.org: Most Labour MPs in the UK Are Revolting.

India and Kenya signed 7 Agreements 4.5 5 Yateendra sahu July 11, 2016 sponsored links Following delegation level talks, the Prime Minister of India Narendra Modi and President of Kenya, Uhuru Kenyatta tod...


Load comments

No comments:

Post a Comment