The agreement reportedly permits the South Korean business community to make investments in Kenya, according to a statement posted by State House on Twitter on Wednesday night ."Kenya has developed a climate that is conducive to drawing investment. The State House thread on Twitter states in part, "He [Ruto] welcomed the South Korean business community to invest in key projects in transport, infrastructure, agriculture, health, and ICT in Kenya. President Ruto mentioned Kenya's laws facilitating public-private partnerships as he signed the agreement. "Kenyans are incredibly talented. You can acquire any necessary skill. "Speaking at a business forum to promote trade and investment between Kenya and South Korea in Seoul, South Korea, was President Ruto. The Korea Institute of Procurement, SDG Youth, and the Kenya National Chamber of Commerce and Industry (KNCCI) all signed the agreement. The two countries' business associations have decided to pursue policies that are development-focused and support job creation, entrepreneurship, creativity, and innovation as well as the expansion of Micro, Small, and Medium Enterprises. The pact also aims to combat young unemployment and develop successful public-private partnerships. The organizations also decided to give priority to investments that will hasten the UN's 2030 Agenda for Sustainable Development's realization. The president also suggested that Kenya might export tea, coffee, and avocados to South Korea via his official Twitter page. Kenya honors its strong relationship with South Korea by hosting a celebration. We pledge to collaborate in order to improve our strategic alliances and advance bilateral commerce, particularly in the areas of tea, coffee, and tobacco, according to a tweet from Ruto."Our objective is to export agricultural goods that are compatible with the technologies we import. This is a chance to expand the markets for our coffee, avocados, and tea.
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