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Kenya, India sign multimillion dollar trade agreements

“The multifaceted development partnership is a key pillar of our bilateral relationship”, Mr. Modi said at a joint media interaction with Mr. Kenyatta after the talks. “We agreed that our common desire of economic prosperity for our societies is creating new opportunities for expanding our cooperation”, he said.

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Esipisu said Kenya would push to have its exports “granted preferential status by the Indian authorities”.

India, like South Africa, is a young nation.

Prime Minister Narendra Modi has reached Tanzania on the third leg of his four- nation tour of Africa.

“History is witness to how Mahatma Gandhi’s stay in South Africa impacted him”, PM Modi said. “These discussions would lay the foundation on which we will construct a twenty first century partnership”, the Prime Minister said.

“We are also donating essential medicine, especially ARVs”.

The two leaders also welcomed the setting up of an ICCR Chair for Indian Studies at the University of Nairobi. “Our two-way annual trade stands at around $3 billion, Indian investments in Tanzania already total around $3 billion and Indian businesses in Tanzania continue to grow and expand”, he said.

India is one of the brightest spot in the world economy.

Prime Minister Narendra Modi on Sunday interacted here with a group of Solar Mamas, women from various African countries trained in harnessing solar energy under Indian government programmes. “We agreed to work closely bilaterally, regionally and globally to combat threats of terrorism and climate change, ” he told the press meet.

Upon arriving at State House, the president’s residence, Modi joined Magufuli to play traditional Tanzania drums at a colorful ceremony. Modi is in Kenya as part of his five-nation tour of the African continent.

Modi’s agenda in Nairobi, aside from the talks and deals with Kenyatta and businessmen, includes a meeting with India’s huge diaspora in Nairobi, which controls a huge chunk of the country’s local manufacturing and service sector.

He said his country was keen to strengthen trade with India.

The two leaders agreed on the importance of bolstering cooperation in the health and pharmaceutical sector.

Zuma emphasized the need for greater cooperation between the two BRICS member countries to build financial institutions such as the BRICS Development Bank.

Modi also said that India would soon hand over a Bhabhatron, a state-of-the-art cancer therapy machine made in India cancer therapy machine, to the Kenyatta National Hospital.

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He said the world was facing two critical issues – global warming and terrorism.

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