Barbados is looking to enter into a double taxation agreement and a bilateral investment treaty with Kenya.
Prime Minister Mia Amor Mottley shared this information with people from a cross section of the private sector on Thursday, telling them the intention was to create a framework that would “spark their interest” in forging business partnerships with the East African country.
The Prime Minister addressed the business leaders along with Kenyan President Uhuru Kenyatta after the two leaders held discussions on areas of mutual interest. Kenyatta is in Barbados on a three-day official visit designed to strengthen bilateral relations between the two countries.
Speaking at a forum entitled Strengthening Trade and Investment Co-operation within the ACP Framework Kenya-Barbados Private Sector and Other Stakeholders at the Lloyd Erskine Sandiford Centre, the Prime Minister suggested Kenya presented myriad investment opportunities.