Kenya and Germany Reaffirm Strengthening Bilateral Trade and Investment

en.Wedoany.com Reported - Kenya and Germany have reaffirmed their commitment to strengthening bilateral trade and investment relations, with a focus on creating mutually beneficial economic opportunities.

This commitment was emphasized during a meeting in Nairobi, the capital of Kenya. Participants included Kenya's Principal Secretary for Trade, Regina Ombam, and a German delegation led by Friederike Hemker, Deputy Head of Development Cooperation at the German Embassy.

The discussions centered on strengthening private sector partnerships to drive trade and investment growth, particularly in key areas such as logistics, market access, value-added processing, and the textile and garment industry.

Ombam stated that Kenya is determined to deepen economic cooperation with Germany, aiming to enhance export competitiveness by improving quality standards and increasing product value addition, especially in the agro-processing sector.

Both sides also explored ways to maximize opportunities arising from the Kenya-European Union Economic Partnership Agreement (EPA) and expand value chains serving the European market.

The meeting also reviewed preparations for the Kenya-Germany Government-to-Government negotiations scheduled for June 25-26, as well as Kenya's participation in the Hamburg Sustainability Conference on June 29-30.

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