India, Kenya Agreements
India and Kenya have signed seven pacts. These pacts were signed
during Prime Minister Narendra Modi’s ongoing visit to the country.
Kenya President- Uhuru Kenyatta
Details:
MoUs signed between the two nations include:
- MoU on Defence Cooperation.
- MoU on Cooperation in the field of National Housing Policy Development and Management.
- MoU between Bureau of Indian Standards and Kenya Bureau of Standards.
- Agreement on Exemption of Visa for holders of Diplomatic Passports.
- Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income.
- Line of Credit Agreement for US$ 15 million to IDB Capital Limited, for development of small and medium enterprises [SMEs].
- Line of Credit Agreement for US$ 29.95 million to the Government of Kenya for upgrade of Rift Valley Textiles Factory (RIVATEX).