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‘India will give a loan of Rs 2000 crore to Kenya’, PM Modi announced after meeting with Ruto

Image Source : TWITTER.COM/NARENDRAMODI
Prime Minister Narendra Modi and Kenyan President William Samoei Ruto.

New Delhi: Prime Minister Narendra Modi, after extensive talks with visiting Kenyan President William Samoyi Ruto, on Tuesday announced India’s decision to provide a line of credit of $ 250 million (about Rs 2 thousand crore) to Kenya for the modernization of its agricultural sector. declare. Ruto arrived here on Monday on a 3-day visit aimed at expanding overall relations between the two countries. In a statement issued to the media after the talks, Modi said that India has always given high priority to Africa in its foreign policy and has expanded its overall relations with the continent on a mission mode in the last decade or so.

‘Had a meaningful conversation with President Ruto today’

PM Modi said, ‘I am confident that President Ruto’s visit to India will not only strengthen bilateral relations but will also give new impetus to our relations with Africa.’ Modi later said in a post on ‘X’, ‘Had a productive conversation with President Ruto today. We had the opportunity to review the full range of India-Kenya relations. We discussed ways to deepen economic ties between our countries. Our countries will also work together in technology, digital innovations, clean energy and other areas. PM Modi expressed happiness that Ruto’s visit to India was coming shortly after the African Union joined the G20.

‘India has been a reliable and committed partner’

PM Modi said that India will provide a line of credit of $250 million to Kenya for the modernization of its agriculture sector. He said, ‘Laying the foundation of a progressive future, today we considered strengthening our cooperation in all areas and also identified many new initiatives. There is steady progress in mutual trade and investment between India and Kenya. We will continue to explore new opportunities to harness the full potential of our economic cooperation. India has been a reliable and committed development partner for Kenya.

‘Cooperation between India and Kenya will be taken forward’

PM Modi said that India and Kenya, as 2 agrarian economies, agreed to share their experiences. He said, ‘We have also decided to provide a line of credit of $ 250 million to modernize Kenya’s agricultural sector.’ Referring to the Indo-Pacific, Modi said close cooperation between India and Kenya will advance joint efforts in the region. He said that India and Kenya believe that terrorism is the most serious challenge facing humanity and both sides have decided to enhance cooperation against terrorism.

‘Yoga’s popularity also increased with Bollywood in Kenya’

Describing the 80,000 people of Indian origin living in Kenya as the biggest strength of the relations between the two countries, PM Modi expressed hope that cultural exchange programs will further increase the mutual closeness between the two countries. Referring to the performance of Kenya’s long distance and marathon runners and the popularity of cricket there, the Prime Minister said an important agreement has been agreed to strengthen mutual cooperation in the field of sports between the two countries. He said, ‘Along with Bollywood, the popularity of Yoga and Ayurveda is also increasing in Kenya. We will continue efforts to further deepen relations between the people of the two countries.

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