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Sunday, 26 June 2016
Kenya, Ethiopia sign oil, trade and investment deals
They went ahead to witnessing the signing of five Memorandum of Understanding involving oil and gas, health, sports, animal health and sanitary measure as well as education.
President Uhuru and PM Dessalegn witness the signing of international agreements between Kenya and Ethiopia. Image: PSCU
“The two leaders agreed to explore the possibilities of launching a joint grand Kenya/ Ethiopia marathon as a sports brand to promote cultural cooperation and sports tourism,” read a joint press statement from State House.
They also committed to support the African position in the upcoming international conferences scheduled to be held in Nairobi.
The events are the 14th United Nations Conference on Trade and Development (UNCTAD) and Tokyo Conference on Africa’s Development VI (TICAD) Summit in 17th to 22nd July and 27th to 28th August, 2016 respectively.
Aside from the deals, the two leaders also discussed issues of conflict and peace.
They agreed to share information on the movement of anti-peace elements, human and drug trafficking and illegal arms dealers and committed to share experiences in the management of possession, registration and licensing of firearms.
Hailemariam completed his State visit today, Friday, June 24, having invited Uhuru Kenyatta to make another visit to his country soon.
Uhuru will be heading there the second High Level Biennial Commission in the first half of 2018.