Kenyan President to land in India on December 4 on three-day visit
Kenyan President Dr William Samoei Ruto
The Kenyan President is visiting India at the invitation of President Droupadi Murmu
Kenyan President Dr William Samoei Ruto, accompanied by a high-level delegation, will pay a state visit to India from December 4-6, the Ministry of External Affairs said on Saturday.
The MEA said that it will be President William Ruto’s first visit to India in his present capacity.
During his stay in New Delhi, President Ruto will be accorded a ceremonial welcome at the forecourt of Rashtrapati Bhawan on December 5 and will meet President Murmu.
President Ruto will hold detailed discussions with Prime Minister Narendra Modi.
A State Banquet will be hosted by the President in honour of President Ruto. President Ruto will also participate in a business and investment event in New Delhi.
A Presidential visit from Kenya is taking place after a period of over 6 years and is expected to strengthen and invigorate the bilateral relations between the two countries.
India and Kenya share a warm, cordial, and trusted partnership between them.
India is one of the largest trading partners of Kenya and India-Kenya trade relations encompasses various sectors of the economy. The current trade volume is to the tune of USD 2.2158 billion (2019-20), out of which Indian exports to Kenya was USD 2.126 billion and import from Kenya was USD 89.62 million.
Main Indian exports to Kenya include petroleum products, pharmaceuticals, steel products, machinery, yarn, vehicles, and power transmission equipment. Main Kenyan exports to India include soda ash, vegetables, tea, leather, and metal scrap.
In terms of investment, India is the second largest investor in Kenya, said the Kenya Investment Authority (KenInvest).
Over 60 major Indian companies have invested in various sectors including manufacturing, real estate, pharmaceuticals, telecom, IT & ITES, banking, and agro-based industries.
Indian investments have resulted in the creation of thousands of direct jobs to Kenyans. Indian pharmaceutical companies have a substantial presence in Kenya.
A bilateral Double Taxation Avoidance Agreement (DTAA) was signed in 1989. Revised DTAA was signed in July 2016 and came into force on August 30, 2017.
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