Kenya and the UK on Thursday signed an agreement to ensure
proceeds of corruption and crime hidden in Britain are returned in a
continued bid by President Uhuru Kenyatta to fight the vice.
The
pact was signed during a meeting between President Kenyatta and UK
Prime Minister Theresa May, who is...
on a one-day visit to Kenya.
on a one-day visit to Kenya.
It
was the second in three months after Kenya signed another deal with
Switzerland in June 2018, when Swiss president Alain Berset visited the
Nairobi.
In his speech, President Kenyatta lauded the
Kenyan-Britain pact to return proceeds of crime, saying it will help
deter the corrupt.
“We need to make it painfully
unrewarding, and expensive to get into corruption,” he said at State
House, Nairobi, following bilateral talks with Mrs May.
While
the Head of State could not say how much will be expected to be
repatriated to Kenya following the deal, he was confident that the
agreement will help in the renewed fight against corruption.
Further,
the two countries also signed pacts to ensure that the duty free quota
for Kenyan goods continue even after Britain leaves the European Union.
On
her part, Prime Minister May announced that Britain will soon unveil a
package for the African Mission in Somalia (Amisom), the peace keeping
team that comprises of Kenyan soldiers maintaining peace in the war-torn
country.
In the furtherance of the fight against
terrorism, Mrs May said Kenyan and British soldiers will now train
jointly, with the UK PM expected to witness a joint training session in
Laikipia after the briefing.
Security
The training session will be on handling improvised devices, most of which are now being used by terrorists in the region.
“UK
is the largest foreign investor in Kenya and it is our ambition to be
the G7’s number one investor in Africa by 2022,” Mrs May said.
“As Britain prepares to leave the EU we are committed to smooth transition and continuity in our trading relationship.”
Kenya
has a favourable balance of trade with Britain with Nairobi having
exported Sh38.55 billion worth of goods to the UK in 2017, the highest
of the Sh125 billion it fetched from Europe, according to the 2018
Economic Survey.
Tea, cut roses and
beans are Nairobi’s top three exports to London—with the total value of
all exports having fluctuated since 2013, with the highest earnings
Kenya had from the bilateral relations in the five-year period being
Sh40 billion in 2015.
During the same
period, Nairobi imported almost a similar amount of goods valued at
Sh30 billion for last year alone, a drop from the Sh49 billion in 2013.
“The
balance of trade between Kenya and the UK is in our favour, and we want
to see ways to enhance that going forward,” Foreign Affairs Cabinet
Secretary Monica Juma told the Nation early this month when she
announced PM May’s planned visit.
Big 4
Britain
is also the largest source market for Kenya’s tourism, with 168,000
British nationals having visited the country last year—more than a third
of the half a million European tourists that toured the length and
breadth of Kenya in 2017.
With at
least 100 British companies in Kenya, the UK has remained the country’s
top overseas investor with over Sh128 billion of trade.
London
has also helped Nairobi in tackling the refugee crisis, with Kenya
being home to thousands of refugees from neighbouring countries, mainly
Somalia, and South Sudan.
In their
joint press conference, the two leaders vowed to deepen the relationship
between the two countries post-Brexit, with Britain promising to “work
with you as you take forward your Big Four agenda to transform Kenya;
aligning our expertise investment and aid behind that vision.”
“Kenya
is open for business for all. And we are not going out there with a
begging bowl. No! We are saying that Kenya is an attractive investment
destination for foreign companies to come, and get a very good dividend
while creating jobs, and helping us further our development agenda,”
President Kenyatta said.
No comments :
Post a Comment