President Uhuru Kenyatta with his Chinese counterpart Xi Jinping lead
their delegations for bilateral talks in South Africa. PHOTO | PSCU
By BD REPORTER
In Summary
- President Uhuru Kenyatta and his Chinese counterpart Xi Jinping met during the China-Africa summit in South Africa.
President Uhuru Kenyatta and his Chinese counterpart Xi
Jinping who met during the China-Africa summit in South Africa said a
joint committee would lay a framework to balance trade heavily in favour
of Beijing. It was the third meeting between the two Heads of State in
the last two years.
The joint committee on Trade, Investment, Economic and Technical Cooperation comprises both Kenyan and Chinese officials.
“I propose that the technical teams of this
Committee from both countries move with speed to address the trade
imbalance,” President Kenyatta said in a statement.
Nairobi’s imports from Beijing stood at Sh248.6 billion last year compared to 6.5 billion that China bought from Kenya.
Chinese companies have in recent years stepped up
presence in the country undertaking huge infrastructure projects like
the Sh327 billion standard gauge railway to connect Mombasa port and
Nairobi by 2017.
The Chinese president assured Mr Kenyatta of his
country's commitment to ensuring that its joint development projects
with Kenya would continue, citing the Standard Gauge Railway and roads
as some of the priority projects the Chinese government was focussed on.
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