May 02, 2024 03:19 (IST)
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India will work towards removing imbalance in trade with Kenya: PM Modi
Nairobi, July 11 (IBNS): During his address at the joint meeting of Indian and Kenyan business leaders, Prime Minister Narendra Modi on Monday assured his host country that India will work towards removing the imbalance in trade.
"India has changed a lot in last two years. We are now the most preferred destination for FDI. In the year of 2015, we have received highest ever FDI. And for you the good news is that India is the largest trading partner of Kenya," Modi said.
He assured that: "India is also the second largest investor here. We will be happy to further remove the imbalance in trade between us. We will also be happy to enhance the level of investment in Kenya."
Modi also pitched that emphasis should be given on the use of solar energy in daily life.
"We are also working on an ambitious renewable energy programme. India and Kenya are blessed by sufficient solar radiation. Solar energy is a real solution for global warming. It is also a good strategy for providing electricity to remote villages and hamlets. We look forward to work together on this front under the International Solar Alliance," said the Indian PM who is currently visiting Kenya as a part of his 5-nation tour.
Modi said health sector is another area of great interest to both sides.
"We are happy that thousands of Kenyan patients have returned from India after a successful treatment. I understand that Kenya would like to replicate the Indian experience in Medicare and become a medical hub in the region. We would be happy to support you in this process," said he.
Stating Kenya as a young country like India, the Indian PM said: "Your workforce is sought after in Africa. Similarly, the Indian work force is sought after in the entire world. We can do a lot together to nurture and train this human capital which can serve the whole world."
PM Modi assured the people and Government of Kenya that India stands by the country.
"Our friendship is only a win-win game. Whether it is Kenyan students in India; or Indian professionals in Kenya- both should shine. Whether it is mines, minerals or machines; all are rewarding areas. We should jointly explore the opportunities. Various initiatives during my visit including this meeting are indicators in that direction," said he.
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