BALANCED TRADE KEY FOR SHARED PROSPERITY, CS JUMA

SHANGHAI China, 4th November 2018……..Kenya and China have agreed to increase their collaboration in trade, movement of persons and multilateral engagements.

Foreign Affairs Cabinet Secretary Amb. Monica Juma today met and held a bilateral meeting with her Chinese counterpart H.E. Mr. Wang Yi, Counselor and Minister for Foreign Affairs of the People’s Republic of China in Shanghai, China on 4th November, 2018.

The two discussed the state of bilateral relations between Kenya and China, and mapped out ways of enhancing collaboration across the area of cooperation at the bilateral and regional arena. In this regard they agreed to convene the Bilateral Steering Commission, in Nairobi in early 2019 to take stock of progress made. The ministers also agreed to collaborate at the multilateral level including in the pursuit of the United Nations Security Council Reforms.

CS Juma held her meeting ahead of the bilateral talks between His Excellency President Uhuru Kenyatta and his counterpart, His Excellency Xi Jinping, President of the People’s republic of China.

The meeting between two Presidents focused on promoting economic and trade exchange and cooperation between the two countries with President Kenyatta noting that Kenya looks forward to an open chinese market for Kenya’s exports.

CS Juma is accompanying President Kenyatta to the first ever China International Import Expo (CIIE) scheduled for taking place from tomorrow 5th November 2018 at the National Convention and Exhibition Center in Shanghai China.

CIIE focuses on import and is an open and cooperative platform for countries and regions to showcase their development achievements and conduct international trade. It is a global public good that promotes the Belt and Road Initiative, economic globalization, as well as inclusive and reciprocal development.

The exhibition is hosted by the Ministry of Commerce of the People’s republic of China and Shanghai municipality people’s Government, supported by World Trade Organization(WTO), United Nations Conference on Trade and Development (UNCTAD) and the United Nations Industrial Development Organization (UNIDO).

The event gathers government officials, business communities, exhibitors and professional purchasers across the world and provides them with new channels for countries and regions to do business, strengthen cooperation and promote common prosperity of the world economy and trade.

African countries invited to the CIIE include Kenya, Ethiopia, South Africa, Egypt, Senegal, Morocco and Ghana.