Kenya And Singapore Sign Three MOU On Development
By Samuel Ouma
Kenya and Singapore on Thursday signed three Memorandum of Understanding to improve economic growth between the two nations.
The MOU was signed during a bilateral meeting between Singapore Prime Minister Lee Hsien Loong and Kenyan President William Ruto.
The first agreement was on ICT, which is expected to improve cooperation in cybersecurity, digitization of government services, and ICT capacity building, among others.
“I am happy to inform you that His Excellency Prime Minister Lee Hsien Loong and I witnessed the signing of the Memorandum of Understanding on ICT, which will facilitate cooperation on cybersecurity, digitization of government services, ICT capacity building among the other areas,” said President Ruto.
The two nations also signed an MOU on skills development to facilitate collaboration in human resource capacity building. This will help civil servants and students, particularly in specific areas that need to support sustainable socio-economic development priorities.
Kenya and Singapore delegates also signed an MOU on carbon credit partnership, which establishes a framework for trading carbon credits between our two nations in accordance with a Paris Agreement provision.
The agreement also calls for exchanging information, knowledge, best practices, capacity building on carbon credits, and collaboration on initiatives to reduce greenhouse gas emissions.
“Prime Minister long and I also agreed on urgent need to reform both the global peace and security infrastructure as well as the multilateral financial architecture to ensure that these institutions are equitable, fair and fit for purpose in responding to multifaceted global challenges,” added Ruto.