Saudi Arabia, Kenya Sign Investment, Customs And Labour Agreements In Riyadh
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RIYADH, July 5 (Saudi Arabia Breaking News) - Saudi Arabia and Kenya signed three memoranda of understanding and a labour agreement during the first meeting of the Saudi-Kenyan Political Consultations Committee in Riyadh, the Saudi Press Agency reported.
Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah received Kenya’s Prime Cabinet Secretary and Cabinet Secretary for Foreign and Diaspora Affairs, Dr. Musalia Mudavadi, at the foreign ministry headquarters.
Prince Faisal and Mudavadi chaired the committee’s first meeting, which focused on developing relations between the two countries and strengthening coordination and consultation on issues of common interest.
At the conclusion of the meeting, the two sides signed a memorandum of understanding to encourage direct investment. It was signed by Minister of Investment Fahad bin Abduljalil Al-Saif on the Saudi side and Mudavadi on the Kenyan side.
A second memorandum of understanding on cooperation and mutual assistance in customs matters was signed by Governor of the Zakat, Tax and Customs Authority Eng. Suhail bin Mohammed Abanmi and Mudavadi.
A third memorandum of understanding was signed between the Saudi Export-Import Bank and the Kenya Development Corporation. It was signed by Saudi EXIM Bank CEO Eng. Saad bin Abdulaziz Al-Khalb and Kenya Development Corporation Director General Dr. Nora Ratemo.
The two countries also signed an agreement on the recruitment and employment of Kenyan workers. It was signed by Saudi Vice Minister of Human Resources and Social Development for Labor Dr. Abdullah Abuthnain and Kenya’s Cabinet Secretary for Labor and Social Protection Dr. Alfred N. Mutua.
The meeting was attended by Saudi Vice Minister of Foreign Affairs Eng. Waleed Elkhereiji, Undersecretary of the Ministry of Foreign Affairs for Political Affairs Ambassador Dr. Saud Al-Sati, Saudi Ambassador to Kenya Saad AlNafie, and Director General of the General Department for African Countries Saqr AlQurashi.
