President of Slovakia, H.E. Andrej Kiska, on a three-day State Visit to Kenya arrived on Sunday evening and was received by Foreign Affairs Cabinet Secretary Amb. Amina Mohamed and Tourism CS Najib Balala.
This is the first Presidential level visit from East and Central Europe. The visit will focus mainly on economic cooperation in the areas of ICT, energy and agriculture.
Slovak Republic is keen on expanding bilateral cooperation with Kenya and has proposed the reinvigoration of development cooperation between the two countries.
The Slovak Republic is a high-income advanced economy with one of the fastest growth rates in the European Union and Kenyan businesses will be looking to leverage the Slovak Republic’s areas of relative strength as well as look for more trading partners. The President is accompanied by a big business delegation.
Slovak economy is mainly driven by Foreign Direct Investments (FDI). Major industries include metal and metal products, paper and printing, food and beverages, electricity, gas, oil, nuclear fuel, transport vehicles, textiles, electrical and optical apparatus, rubber, and machinery.
Kenya’s exports to Slovakia include ornamental carvings, jewellery, furniture (wooden) and textile products. Kenya’s imports include paper and paper products, pharmaceuticals (Including veterinary medicaments), iron and steel products and rubber products.
In 2015 Kenya’s exports to Slovakia were estimated at Kshs. 19,745,198 against imports from Slovakia valued at Kshs. 530,192,807.