NATIONS AGREED TO PARTNER IN 7 SECTORS IN MAY
In May, Kenya signed seven trade agreements with South Korea to improve health, education, energy, ICT and industrialisation. One of the deals was to enable the Korea Export-Import Bank to pump in an initial Sh5 billion to support agriculture. The memorandum with the Korean Bank was signed for Kenya by Agriculture CS Willy Bett. Other pacts were on cooperation in health, innovation and higher education, electric power and nuclear energy development. The deal on scientific and technological cooperation – signed by Education CS Fred Matiang’i and Korea’s Foreign Affairs minister Yun Byung-se – entailed the sharing of policies and technologies in science and technology. It also involves implementing exchanges between research and development institutes in Kenya and South Korea. Under this agreement, the two countries would exchange human resources.