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    Kenya, Guinea-Bissau Sign Agreements to Boost Economic and Social Ties

    Eric
    By Eric Jackson
    - July 18, 2022
    - July 18, 2022
    African Wall StreetTrade
    Kenya, Guinea-Bissau Sign Agreements to Boost Economic and Social Ties

    Kenya’s President Uhuru Kenyatta and his Guinea-Bissau counterpart, President Sissoco Embaló, on Friday 15th July signed three agreements aimed at boosting economic and social ties between the two countries. This included an agreement to establish a Joint Commission for Cooperation between the two countries.

    The commission will establish a framework for bilateral consultations and cooperation between the two countries in various fields including political, economic, commercial, scientific education, cultural and technical matters.

    The other two agreements signed were a Memorandum of Understanding (MOU) on the establishment of Political and Diplomatic Consultations between the two countries and another one between the Foreign Service Academy of Kenya and the Ministry of Foreign Affairs of the Republic of Guinea-Bissau.

    President Kenyatta emphasized the need for the two countries to take advantage of the African Continental Free Trade Area (AfCFTA) trade to boost their economic ties.

    The entry into force of the African Continental Free Trade Area (AfCFTA) provides untapped opportunities to collaborate in scaling up trade and investment between our two countries, to scale up production and benefit from expanded regional markets

    President Kenyatta

    On his part, President Sissoco Embaló said his country was committed to strengthening its long outstanding mutually beneficial ties with Kenya.

    Guinea-Bissau and Kenya share long outstanding mutually beneficial relation, the brotherly partnership between our two countries is happening by common values and principles

    President Sissoco Embaló

    Related:

    President Uhuru to Lead DRC Entry Pact Signing to The EAC in Nairobi

    AfCFTA Still in the Shadows as 6 Countries Yet to Ratify the Agreement

    The Kenyan Wall Street

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