India and Kenya Aim for $2.5 Bn Trade Target

By admin • October 14th, 2010

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India and Kenya are determined to increase the level of trade between the two countries to not only benefit each other, but to also boost South-South Trade relations. A meeting was between Mr. Anand Sharma, Minister of Commerce and Industry, Government of India and Mr. Raila Amolo Odinga, Prime Minister of the Government of Kenya, at Nairobi, Kenya today (14th October), and both parties said a trade target of $ 2.5 Billion by 2013 is obtainable.

Currently there is a large number of students from Kenya are studying in India and both countries are considering the implementation of the Pan Africa e-network project. The Pan Africa e-network project is currently being used to make contributions in areas of tele-education and tele-medicine in the 47 African countries on board to implement the project. There has already been an agreement signed between Kenya and Telecommunications Consultants India Ltd (TCIL) earlier this year and it is expected that the system will be operational soon.

In addition to this it was also agreed that there is potential to increase the scope of cooperation between the two countries in the areas of Information Technology, agriculture including agro-processing, infrastructure development, oil & gas, manufacturing and healthcare.

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