Kenya president meets South Korean president for trade talks | iNFOnews | Thompson-Okanagan's News Source

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Kenya president meets South Korean president for trade talks

South Korea's President Park Geun-hye, left, and Kenyan President, Uhuru Kenyatta, right, stand to inspect guard of honor at Nairobi State House, Nairobi, Kenya, Tuesday, May 31, 2016. (AP Photo/Sayyid Abdul Azim)
May 31, 2016 - 9:21 AM

NAIROBI, Kenya - South Korea's President Park Geun-hye met Kenyan President Uhuru Kenyatta Tuesday and discussed the trade imbalance between the two countries on the second day of her three-day visit to Kenya.

Park is in Kenya, East Africa's largest economy, to improve trade between the two nations which currently favours South Korea. Kenya is the third leg of her African tour which started with Ethiopia and Uganda. She received a 21-gun salute and a military guard of honour when Kenyatta received her at State House.

Park is travelling with a delegation of more than 200 who include businessmen and government officials, according to South Korea's ambassador to Kenya Young Dae Kwon.

Bilateral agreements in security, health, agriculture, information technology, trade and culture will be signed in the tour, he said.

At the meeting President Kenyatta said there is need for the two governments strengthen co-operation such as energy, integrated rural and urban development and human development. Kenyatta said there has been steady growth in volume of trade between the two countries, according to a statement from his communication office. He said the trade balance is in favour of South Korea and that the gap can be reduced by allowing more Kenyan products to access the South Korean market.

"These include cut flowers, coffee, black tea, and fresh produce such as mangoes, avocadoes, pineapples among others, which are world class products and are traded in international markets," said Kenyatta. "We believe that an increase of exports would improve trade relations between our countries."

He noted that the Kenyan government is eager to enter a memorandum of understanding of co-operation in electric power and nuclear energy development with the government of South Korea.

News from © The Associated Press, 2016
The Associated Press

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