TEHRAN – The one-day conference on Iran’s investment and trade opportunities in Kenya was held on Sunday at the Tehran Permanent International Fairground.

According to IRIB, 200 domestic and 40 Kenyan companies attended the conference.
Uhuru Kenyatta, the Kenyan prime minister and trade minister and Mehdi Ghazanfari, head of the Trade Promotion Organization of Iran chaired the conference.
The confab aims at identifying the mutual trade and investment opportunities, exchanging trade information, and familiarizing the two sides with the other sides’ potentials.
Uhuru Kenyatta said that “the sides have good political relations and they have to promote bilateral economic ties as well.”
At the confab, Iran’s Commerce Minister Masoud Mirkazemi announced that “ the promotion of ties with African nations is on top of the government’s agenda,” adding that the sides have $15 million worth of trade.
He said that Kenya could use Iran’s technology, capabilities, and know-how in all fields and with no limitations.
Iran has invested $70 million in Kenya’s engineering and technical services