India To Provide $250 Million Credit Line To Kenya

New Delhi: India Tuesday announced a $250 million line of credit to Kenya for modernisation of its agricultural sector as Prime Minister Narendra Modi and visiting Kenyan President William Samoei Ruto agreed to strengthen bilateral ties in the field of defence, trade, energy, digital public infrastructure and healthcare.

Modi held talks with Kenyan President William Ruto, who is visiting India.

“India and Kenya are “unanimous” that terrorism is the most serious challenge facing humanity and both sides have decided to increase counter-terror cooperation”, PM Modi said.

“Africa has always been given a high priority position in India’s foreign policy. Over the last decade or so, we have increased our cooperation with Africa in a mission mode,” PM Modi further stated.

The prime minister said both sides also deliberated on defence cooperation and emphasised on military exercises, capacity building as well as linking the defence industries of both the countries.

“Close cooperation” between Kenya and India will “strengthen all our efforts in the Indo-Pacific,” he said.

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