Chinese and British companies to enhance cooperation in Kenya
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High Commissioner Nic Hailey speaks during the ceremony.[Photo by Liu Hongjie/chinadaily.com.cn] |
Under the MoU, the two parties agreed to collaborate in promoting trade relations and strengthening the relationships between the public and private sectors.
The MoU mainly includes supporting the operationalization of the UK-China Infrastructure Alliance in Kenya, in particular, through efforts to identify projects which could be suitable for the infrastructure hub; encouraging exchange of visits of industry experts, researchers, and private business actors, representatives of relevant institutions and exporters for networking and development of trade; promoting business innovation and technology transfer for the benefit of both parties; organizing and co-organizing Kenya-British Business Forum, seminars, workshops, conferences, and any other export promotion activities and in any mutually agreed third country to promote business and export opportunities that their respective countries offer.
The two parties also intend to establish a joint committee, with the objective of identifying areas of UK–China collaboration in Kenya's infrastructure sector, and to find and select suitable UK-China corporations. In addition, they will each appoint a focal point within its respective organization. They intend that the focal points will hold quarterly meetings to facilitate exchange of views to through letters, electronic mails, teleconferences and video conferences and may even call a meeting whenever necessary to cover specific issues, as deemed appropriate.