4 MOUs signed between Kenya and Indonesia
Kenya and Indonesia have signed four MOUs and letters of intent in a bid to strengthen bilateral ties between the two nations.
The MOUs were signed following a meeting between President William Ruto and his Indonesian counterpart Joko Widodo.
The two countries signed an MOU on cooperation in Energy, which will facilitate investment in geothermal energy, transmission and distribution of the power generated.
The countries also inked a deal on cooperation in Mining and Geology which will involve joint studies, knowledge sharing, and capacity building between the two countries.
State House spokesperson Hussein Mohamed announced that the two nations have also signed an MOU between the Kenya Pharmacy and Poisons Board and the Indonesia Food and Drug Authority, which will facilitate the strengthening, promotion, development, and implementation of regulatory cooperation in pharmaceutical products.
“(The countries also) executed an MOU that establishes a framework between Kenya Biovax and Indonesia’s BioFarma for cooperation in technology transfer, contract manufacturing, registration, supply, and marketing of vaccines portfolio that will be manufactured by BioFarma in the Republic of Kenya,” Mohamed said on the fourth MOU.
The countries also signed a Letter of Intent to strengthen collaboration on the promotion of investment flows between Kenya and Indonesia.
“Private sector signed six additional MOUs in the following sectors: oil and gas, pharmaceuticals, edible oils, agriculture, including livestock exports and apparel production. They agreed to enter into a Bilateral Investment Treaty that will provide a stable and predictable investment environment to be finalized in 90 days,” Mohamed added.
Kenya also extended visa-free entry to all holders of Indonesian passports.