India announces $100 million Line of Credit to Kenya after both PMs discuss economic cooperation
Wednesday, 11 January 2017
The Line of Credit to Kenya is signed for agricultural mechanisation. India on Thursday announced a $100 million Line of Credit to Kenya for agricultural mechanisation after talks between Prime Minister Narendra Modi and Kenyan President Uhuru Kenyatta during which they also decided to deepen economic cooperation, identifying expansion of bilateral trade as a "priority". Asserting that challenges in the maritime domain are a shared concern, Modi said the two sides will also explore opportunities in blue economy. "We are focussed on quick operationalisation of our defence cooperation. Some of the specific areas of priority would be hydrography,...
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