Kenya–South Korea relations

Kenyan–South Korean relations

Kenya

South Korea

Kenya–South Korea relations are bilateral relations between Kenya and South Korea.

History

Ties between Kenya and South Korea date back to February 1964.[1]

Tourism

In 2012, 9,400 Koreans visited Kenya. That made South Korea the fourth largest source of visitors from Asia to Kenya after India, China and Japan.[1]

State visits

In 2012, South Korean Prime Minister Kim Hwang-sik visited Kenya. He held talks with President Mwai Kibaki and Prime Minister Raila Odinga.[1]

Kenyan Prime Minister Raila Odinga also visited South Korea in 2012.[2] He held talks with Prime Minister Kim Hwang-sik.

Incidences

In June 2012, Korean Air started flying from Seoul to Nairobi. To promote the launch of the flights Korean Air's Twitter feed stated, “...Fly to Korean Air and enjoy the grand African Savanna, the safari tour, and the indigenous people full of primitive energy.” Kenyans exposed their anger on social media. They particularly expressed concern that the airline called them primitive. The airline later on apologised over the matter, it stated that the mishap was as a result of wrong translation from Korean to English.[3]

In late 2014, Korean Air flights were suspended to the West African ebola crisis. Flights are set to resume in July 2015.[4]

Trade

Bilateral trade between both countries is worth KES. 30.2 billion (US$330 million). Kenya exports about KES. 2.74 billion (US$30 million) worth of goods to South Korea. South Korea exports about KES. 27.4 billion (US$300 million) worth of goods to Kenya.[5] In 2009, Kenya exported about KES. 90 million (US$1 million) worth of coffee to Korea, in 2013 the figure rose to KES. 540 million (US$6 million).[1]

Main exports from Kenya to Korea include: tobacco, coffee, scrap metal, gemstones, pyrethrum, spices, fish, wood products, handicrafts and beer.[6]

Main exports from Korea to Kenya include: iron & steel products, plastics, electrical machinery, ICT equipment, chemicals, rubber products, pharmaceuticals, motor vehicles.[6]

Both countries signed MOUs and agreements to improve trade, oversee grants and development assistance, promotion and protection of investments in Kenya and Korea and an agreement on the avoidance of double taxation.[5]

FDI and Infrastructure

Many South Korean firms such as Samsung, LG and Hyundai maintain their regional headquarters in Nairobi. Samsung announced plans to set up a TV assembly plant in Kenya. In 2012, Daewoo was awarded a deal worth KES. 119 billion (US$1.3 billion) to construct a power plant in Kilifi County, Kenya.[7]

Diplomatic missions

South Korea maintains an embassy in Nairobi. Kenya has an embassy in Seoul, which was opened in 2007.

See also

External links

References

  1. 1 2 3 4 . Relationship between South Korea, Kenya in bloom. Retrieved on 20 January 2015.
  2. . Kenya PM back from Far East tour. Retrieved on 20 January 2015.
  3. . Korean Air Apologizes For Calling Kenyans 'Primitive'. Retrieved on 20 January 2015.
  4. "Korean Air Extends Nairobi Suspension till July 2015". Airline Route. 4 November 2014. Retrieved 4 November 2014.
  5. 1 2 .Kenyan envoy bids farewell. Retrieved on 20 January 2015.
  6. 1 2 .Trade Between Kenya and South Korea. Retrieved on 20 January 2015.
  7. . Daewoo International signs deal to build $1.3 bln Kenyan power station. Retrieved on 20 January 2015.
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