DECEMBER 9, 2022
Government

Ruto, Museveni pitch business and tech relations in east Asia trips

Ruto, Museveni pitch business and tech relations in east Asia trips

The East African
Kenya’s President William Ruto and his Ugandan counterpart Yoweri Museveni are pitching business and technology relations in their separate trips to east Asian countries.

President Ruto touched down in Seoul, South Korea on Tuesday afternoon, indicating his trip will focus on boosting trade relations as well as investment opportunities in energy.

The Ugandan leader, on his part, arrived in Hanoi, Vietnam on Wednesday afternoon. Both African leaders were separately invited by their respective hosts — South Korea’s new President Yoon Suk-yeol and Vietnamese President Nguyen Xuan Phuc.

“Kenya is keen on expanding economic ties with the East Asian nation and exploring areas of cooperation, especially in ICT, education, pharmaceutical and infrastructure,” said a dispatch from State House, Nairobi on Tuesday.

Ruto is scheduled to attend a business forum to market Kenya “as a suitable investment destination for foreign investors. The visit is also expected to open up job opportunities for tech-savvy youth in both countries,” the dispatch added.

Ruto’s trip means it is the first official visit to South Korea by a Kenyan head of state since 1990 when former president Daniel Moi travelled there on a state visit. Museveni has become the first Ugandan head of state to make an official trip to Vietnam.

Ruto met with Kenyans in South Korea and was scheduled to meet with his host on Wednesday afternoon. Earlier on Wednesday, he told Korean Speaker of parliament that local legislators need to enact laws to “fix the trade imbalance” with Kenya.

“The imbalance of trade favours Korea and parliament can be instrumental in addressing this situation,” President Ruto said at the parliament building in Seoul when he held talks with speaker Kim Jin-pyo.

President Ruto said Kenya will work closely with the Korean government to enhance clean energy to mitigate the effects of climate change, according to a dispatch from State House.

Increase Kenyan exports
Kenya, he said, is targeting to increase tea, avocado and coffee exports to South Korea to match technology imports to Kenya from the Asian country.

“We must move from processing five percent of our tea to 50 percent in the next five years and in 10 years’ time we should be able to process every gram of tea grown in Kenya,” Ruto told a group of Kenyans living in South Korea earlier on Tuesday.

In Hanoi, Museveni was expected to meet with senior government officials including President Nguyen Xuan Phuc, Vietnamese Communist Party General Secretary Nguyen Phu Trong and Prime Minister Pham Minh Chinh, according to Vietnam News Agency. He was also expected to pay respected at the Mausoleum of Vietnamese revolutionary Ho Chi Minh.

A tentative programme released to the media indicated the Ugandan leader will also tour the FPT, Vietnam’s ICT firm, the Vietnam Academy of Agricultural Sciences and speak at the Vietnam-Uganda business forum.

“The visit, the first by a head of state between Vietnam and Uganda, will be an important milestone in the bilateral ties. It takes place in the context of the two countries looking towards the 50th anniversary of their diplomatic ties. it is expected to open up cooperation opportunities between the two countries in the time ahead,” a dispatch from the Vietnamese Ministry of Foreign Affairs said.

Ruto and Museveni’s trips came just two weeks after Tanzanian President Samia Suluhu Hassan visited Beijing after which China forgave part of her countries debt worth $13.7 million.

AE News

AJU MORGAN ELUMELU FOUNDATION

AdSense

Related Post

Staying Vibrant and Youthful: Embracing the Joys of Aging in Nigeria
Fashion & style

Staying Vibrant and Youthful:...

8 August 2024
#EndBadGovernance: DSS to Reveal Sponsors of Foreign-Flag-Flying Protesters
Government

#EndBadGovernance: DSS to Reveal

7 August 2024
Rickman Opens Up About Breakup with Sheilah Gashumba: :No Regrets
Celebrities

Rickman Opens Up About Breakup...

7 August 2024
Thousands of police are being readied as the UK braces for further riots.
Government

Thousands of police are being...

7 August 2024
About AJU2kobo
Aju2kobo

About AJU2kobo

15 July 2024

About Us

Talk Can Change Our Lives