Brazil–Kenya relations

Brazil-Kenya relations

Brazil
Kenya

Kenyan–Brazilian relations are bilateral relations between Kenya and Brazil.

History

In July 2010, Luiz Inácio Lula da Silva President of Brazil made a state visit to Kenya. He and President Mwai Kibaki witnessed the signing of several bilateral cooperation agreements. Including an agreement in bio-fuel technology, agriculture, manufacturing, energy, ICT, exploration of natural resources and housing. [1]

The agreements also entailed cooperation in energy, trade and investment promotion, and on cooperation between Foreign Service Institutes of Kenya and Brazil.[1]

Lula da Silva was also highlighted the importance of partnering with Kenya to access the East African Community (EAC) economic bloc.[1]

Development cooperation

In April, 2014 both countries signed a loan agreement for the mechanisation of Agriculture in Kenya. In the deal Brazil will advance a loan of US$80 million. The deal was signed by Cabinet Secretary for Agriculture of Kenya, Koskei and Mauro Borges Lemos, Minister for Development, Industry & Foreign Trade.[2]

Trade

Kenya exported goods worth Kes.74.4 million (US$878,530) in 2010 and Kes.110.2 million (US$1.3 million) to Brazil in 2012. Kenya imported goods worth Kes.10.2 billion (US$121.3 million) in 2010 and Kes.24.5 billion (US$289.2 million) in 2012.[3]

Brazil's main exports to Kenya were aircraft, domestic and industrial appliances, heavy machinery for mining and construction, agricultural equipment and tractors, motor vehicles sugar and aluminium wire.[3]

Kenya is Africa's largest buyer of Embraer jets.[3]

Resident diplomatic missions

References

  1. 1 2 3 . Kenya, Brazil trade pact to boost economic ties. Retrieved on 14 January 2015.
  2. ↑ . Kenya Signs 80 Million USD MoU. Retrieved on 14 January 2015.
  3. 1 2 3 . Why Brazil is showing greater interest in Kenya. Retrieved on 14 January 2015.
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