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Tuesday, 07 June 2016

Britain, Kenya hold bilateral talks

Foreign Affairs CS Amina Mohamed on Friday held bilateral talks with visiting British Foreign secretary Philip Hammond. The two discussed business between Kenya and the UK at the Intercontinental Hotel. Citing Kenya's ranking by the World Bank in 2016, Amina said Kenya is in a good position to invite foreign investors. "UK investment has contributed much in bringing the largest number of tourists in Kenya despite travel advisories by the UK government," the CS said. She also assured that the Kenyan government is committed to softening policies that will encourage investment from foreign companies to create more job opportunities. Out of 189 economies, the World Bank ranked Kenya as the third most improved nation in business regulatory reforms. Hammond assured Kenya of the UK's commitment towards Improving trade and companies within credit and export finance. He said that Britain has come with investments "to safeguard the country" and "increase prosperity of both economies". Among those who attended the meeting are senior government officials, and members of the British Chamber of Commerce Kenya (BCCK).

Source: the-star.co.ke