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President Uhuru Jails The Bilateral Trade Ties Between Kenya and Hungary

President Uhuru Kenyatta has hailed the strong bilateral ties between Kenya and Hungary saying the relationship is driven largely by economic cooperation, trade and investments.

At the same time, President Kenyatta regretted the low volumes of trade and investment flow between Nairobi and Budapest over the last five decades despite the existing huge 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; and encourage them to take advantage of the economic opportunities existing in our respective countries,” he said.

President Kenyatta spoke on Monday evening at State House, Nairobi during a state banquet he hosted together with First Lady Margaret Kenyatta for visiting Hungarian President János Áder and his spouse Anita Herczegh.

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