India & Kenya Sign 7 Pacts – To Deepen Cooperation in Security

Seeking to bolster their ties, India and Kenya today (July 11) decided to deepen and expand cooperation in a wide range of areas as they signed seven pacts, including in the field of defence and security and avoidance of double taxation. Prime Minister Narendra Modi, after his talks with Kenyan President Uhuru Kenyatta in Nairobi, also announced extension of concessional Line of Credit (LOC) of USD 44.95 million to the African nation to help it in development of small and medium enterprises and textiles. India will also build a cancer hospital in Kenya to provide quality and affordable healthcare. Modi said the two countries have shared common nterest in the security, including in maritime security, since they are connected by the Indian Ocean. Kenyatta expressed gratitude to India for the LOC — USD 29.95 million for upgrading of a textile factory and USD 15 million for SMEs — and building the cancer hospital. He said he would personally follow up on the implementation of the decisions taken, which he said would go a long way in deepening the bilateral partnership and boosting prosperity. Besides MoUs in defence and security, revised pact on avoidance of double taxation and two LOCs, the other agreements were in the fields of visa, housing and measuring standards.

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