Browsing: Kenya and Hungary trade ties

• President Uhuru Kenyatta has hailed the strong bilateral ties between Kenya and Hungary but regretted the low volumes of trade and investment flow between Nairobi and Budapest
• Kenyatta said Kenya had intensified efforts to promote greater linkages and networks between the private sector and business communities in the two countries
• Kenya and Hungary signed four bilateral agreements for cooperation in the health, water, education and diplomacy sectors.

Kenya Hungary trade ties

President Uhuru Kenyatta has hailed the strong bilateral ties between Kenya and Hungary, saying economic cooperation, trade and investments mainly drive the relationship.

However, Kenyatta regretted the low volumes of trade and investment flow between Nairobi and Budapest over the last five decades despite substantial commercial potential.

“To address the low trade volumes, we have to intensify efforts to promote greater linkages and networks between the private sector and business communities in the two countries. We also encourage them …