Kenya is interested in improving trade relations and will soon open an embassy in Dhaka

The African country of Kenya wants to strengthen its trade and investment relationship with Bangladesh. A covenant has been signed at national level for this. In addition, Nairobi is also interested in establishing direct air communication with the agreement between the two top business organizations.

Ambassador Moi Lemoshira, secretary general of bilateral and political affairs of the country’s foreign ministry, said this during a meeting with the visiting Kenyan delegation at the FBCCI office on Monday (July 25). Moi Lemoshira said the High Commission of Kenya will be established in Dhaka soon. Discussions are also underway with Bangladesh Biman and Kenya Airways to establish direct air links. There are investment opportunities for Bangladesh in Kenya’s food processing, human resource development, health sector, housing, information technology and industrial sectors.

He claimed that it is possible to supply products to the entire African market through investments in his country. The ambassador said Nairobi has adopted the Indo-Pacific strategy in foreign policy. That is why Bangladesh is an important strategic partner for Kenya.

FBCCI senior vice president Mustafa Azad Chowdhury Babu said Kenya could import Bangladeshi-made clothing, leather and plastic products, ceramics, processed seafood and agricultural products to increase bilateral trade. Mutual cooperation can also be strengthened in the fields of tourism, information technology, maritime economy and agriculture. He believes that Bangladesh can benefit from Kenya’s experience in the renewable energy sector.

A free trade area comprising 54 African countries, the African Union, the Common Market for Eastern and Southern Africa (COMECA) and Kenya, a member of the East African Community. For these reasons, Mostafa Azad Chowdhury Babu noted that developing commercial relationships with the country can play an important role in creating a market for Bengali products in Africa.

He said Bangladeshi businessmen are interested in investing in Kenya’s garment, textile, medicine, agricultural and agro-processing sectors. He suggested signing a memorandum of understanding between the main business organizations of Bangladesh and Kenya to strengthen trade and investment relations between the two countries.

Vice Chairman Md. Amin Helali secured all kinds of cooperation from FBCCI to strengthen bilateral relations. He said the establishment of the Kenyan High Commission in Dhaka and direct air communications between the two countries will play an important role in increasing business, trade and investment.

Earlier, Ambassador Stella Mokaya Orina, Director General of the Kenya Foreign Service Academy, said a memorandum of understanding has already been signed between Bangladesh and Kenya’s Foreign Service Academy to upgrade skills. Both countries will benefit from strengthening the relationship at the private sector level. At the meeting, FBCCI director engineer Golam Mohammed Alamgir expressed interest in investing in Kenya’s power plants and railway infrastructure sectors. He said that if the Kenyan government gets the support, it would consider investing in the country in a joint venture with a local company.

Another director, SM Shafiuzzaman, said there is huge potential for Bangladeshi drug manufacturers in Kenya. Meanwhile, Director Preeti Chakraborty called for initiatives to establish health and human resource development cooperation between the two countries.

The meeting was attended by Kenyan Deputy High Commissioner in Delhi Irene Olo, Trade Adviser Jared B. Maiyeka, Director of FBCCI Hafez Harun, Md. Nasser, SM Jahangir Alam (Manik), Syed Sadat Almas Kabir, Abu Hussain Bhuiya (Ranu) and General Secretary Mohammad Mahfuzul Haque.

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