December 2016 Current Affairs

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India, Kenya ink seven agreements to deepen and expand cooperation

India, Kenya ink seven agreements to deepen and expand cooperation
12 July 2016 Current Affairs: India and Kenya have signed seven agreements to deepen and expand cooperation in a wide range of areas. These agreements were signed in the presence of Indian Prime Minister Narendra Modi and Kenyan President Uhuru Kenyatta in Nairobi. PM Narendra Modi visited Kenya on the fourth and last leg of his four-nation tour of Africa viz. Mozambique, South Africa, Tanzania and Kenya.

Signed Agreements are  : MoU on Defence Cooperation. MoU in the field of space Technology partnership. Revised Double Taxation Avoidance Agreement (DTAA). Bilateral agreement on exemption of Visa for holders of Diplomatic passports. MoU on Cooperation in the field of National Housing Policy Development and Management.

MoU on Cooperation in the field of expertise sharing, standardisation and mutual trade between Bureau of Indian Standards (BIS) and Bureau of Kenya Standards (BKS). Line of Credit (LoC) Agreement for US $29.95 million to Kenyan Government for upgradation of Rift Valley Textiles Factory (RIVATEX East Africa Limited) in Kenya. LoC Agreement for US $15 million (first tranche of $30 million) to Kenya’s IDB Capital Limited for development of small and medium enterprises (SMEs) in Kenya. Besides, PM Narendra Modi also announced that India will fully finance a cancer hospital in Kenya. 

India will also donate medicines for AIDS patients in Kenya. India would provide concessional credit of 60 million dollars for power transmission project to Kenya. India is ready to join hands with Kenya for developing efficient and affordable health care system to make it an important regional hub for health services in East African region.



 


December 2016 Current affairs

November 2016 Current affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
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24 NOV
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October 2016 Current affairs
31 OCT
NEWS
27 OCT
NEWS
26 OCT
NEWS
25 OCT
NEWS
24 OCT
NEWS
22 OCT
NEWS

September 2016 Current affairs
30 SEP
NEWS
29 SEP
NEWS
28 SEP
NEWS
27 SEP
NEWS
26 SEP
NEWS
24 SEP
NEWS

August 2016 Current affairs
31 AUG
NEWS
30 AUG
NEWS
29 AUG
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27 AUG
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26 AUG
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25 AUG
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