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Mbadi holds high-level talks with China

Mbadi holds high-level talks with China
Treasury CS John Mbadi with China’s Minister of Finance, Lan Fo’an. PHOTO/@KeTreasury/X

Kenya and China have reiterated their dedication to strengthening economic ties, emphasising trade, infrastructure investment, and financial cooperation.

In a high-level meeting held in Beijing, Cabinet Secretary for National Treasury and Economic Planning John Mbadi engaged with China’s Minister of Finance, Lan Fo’an, to discuss strengthening financial and trade ties between the two nations.

In a statement shared on the National Treasury official X account on Wednesday, April 2, 2025, it was disclosed that the discussions centred on Kenya’s strategic priorities, including infrastructure, energy, and technology, which are key to accelerating the country’s economic growth.

CS Mbadi emphasised the need for increased Chinese investment in these critical sectors, particularly in financing major infrastructure projects and enhancing bilateral trade.

“Kenya values its long-standing economic partnership with China, which has significantly contributed to our national development. We are keen to enhance trade terms and investment flows to create more opportunities for our people,” CS Mbadi stated.

The leaders also explored mechanisms to improve Kenya’s trade balance with China, seeking expanded market access for Kenyan exports, including agricultural and manufactured goods.

Treasury CS John Mbadi. PHOTO/@KeTreasury/X
Treasury CS John Mbadi. PHOTO/@KeTreasury/X

The meeting reaffirmed both governments’ commitment to reinforcing these economic partnerships, ensuring sustainable debt management, and fostering job creation in Kenya.

Minister Lan Fo’an, in turn, reaffirmed China’s dedication to supporting Kenya’s economic agenda by financing infrastructure projects under the Belt and Road Initiative (BRI) and enhancing collaboration in renewable energy and digital transformation.

He also conveyed China’s readiness to engage in discussions on debt restructuring and concessional financing to bolster Kenya’s economic stability.

The meeting signals a renewed commitment to fostering sustainable economic growth, securing favourable trade agreements, and ensuring mutually beneficial financial cooperation between Kenya and China.

CS Mbadi was accompanied by a high-profile delegation, including Chris Kiptoo, Principal Secretary of the National Treasury; Willy Bett, Kenya’s Ambassador to China; and senior economic advisors from the Executive Office of the President: David Ndii, Adan Mohammed, and Haron Sirima.

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