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NAIROBI, Nov. 24 (Xinhua) – Kenyan President Uhuru Kenyatta said Tuesday that his country is interested in strengthening trade and investment ties with Europe.
Kenyatta expressed the need for the European Union to work closely with Kenya to give private sector actors the confidence to invest in Kenya and create jobs for young people.
“As you know for sure, not only do we share a common historical heritage, but the European Union is without a doubt our largest trading bloc. And that doesn’t just apply to Kenya, it basically applies to the entire continent (Africa),” he said. . he said during a virtual meeting with the president of the European Council Charles Michel.
“This is where we can work together to see how we can encourage private sector actors to come in and, through their investment, fill our development gap, grow prosperity, create jobs and generate hope for our youth,” he said Kenyatta, according to a statement released after the meeting.
During the meeting, Kenyatta proposed a change of focus in the Africa-Europe cooperation model to make it more commercially oriented where the private sector will invest on the basis of returns but at the same time create opportunities for the continent.
For his part, Michel agreed with Kenyatta that Kenya and the rest of Africa needed to deepen their mutually beneficial partnership with Europe.
Michel said that the global COVID-19 pandemic had presented Africa and the European Union with an opportunity to strengthen their ties in sectors such as health, infrastructure and governance.
The two leaders further discussed regional security and Kenya’s membership in the UN Security Council and agreed on the need to end the fighting in Ethiopia saying that the conflict is a threat to the stability of the entire region. from the Horn of Africa. Final product
