India Kenya Trade Agreement

This project responds to the challenges faced by some East African countries – Ethiopia, Kenya, Rwanda, Uganda and the United Republic of Tanzania – in increasing and diversifying exports. It also looks at the trade priorities of beneficiary countries so that they can achieve sustainable development. India and Kenya have growing trade and trade relations. Bilateral trade amounted to $2.4 billion in 2010-2011, but with Kenyan imports from India accounting for $2.3 billion, the trade balance was strongly favourable to India. India is Kenya`s sixth largest trading partner and the largest exporter to Kenya. Indian exports to Kenya include pharmaceuticals, steel, machinery and automobiles, while Kenyan exports to India are largely primary raw materials such as soda, vegetables and tea. Indian companies have a significant presence in Kenya with Indian companies such as Tata Group, Essar, Reliance Industries and Bharti Airtel, operating there. India`s public sector banks Bank of Baroda and Bank of India operate in Kenya. [6] [7] [8] Kenya has attempted to apply as a tourist destination in India. However, air connections between the two countries are limited and are offered by Kenya Airways between Mumbai and Delhi and Nairobi. Routes to Nairobi, Air India`s second international destination, began in 1951 and were eventually discontinued by the airline in 2010. [2] However, the T92 [10] Air India has resumed flights on the Mumbai-Nairobi route since November 2019.

[11] As countries bordering the Indian Ocean, trade and commerce relations between India and Kenya date back centuries. Kenya has a large minority of Indians and people of Indian origin who live there, who are descendants of workers brought by the British to the construction of the Uganda Railway. [1] Before India`s independence, the welfare of Indians in Southeast Africa attracted the attention of Indian liberals. Sarojini Naidu chaired the mombasa session of the East African Indian Congress in 1924 and an exploration mission of K.P.S. Menon was sent there in 1934. After India`s independence, in 1948 he established an office of the British Commissioner for East Africa, based in Nairobi. [5] IT products and services and business process outsourcing (ITES-BPO) are one of SITA`s key sectors in three countries: Kenya, Rwanda and Uganda. Each of the governments of these countries is a priority for the development of a dynamic IT services sector, in a sector of priority and services, and invests in capacity and capacity building to improve competitiveness and socio-economic development. In order to promote ICT talent in East Africa, SITA is launching a new Indo-African internship program that enables high-potential students from East Africa to gain skills, knowledge and experience in Indian companies. . .

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