Singapore and Kenya sign two agreements

Singapore

SINGAPORE and Kenya signed two agreements on Tuesday, namely a Bilateral Investment Treaty (BIT) and an Agreement for the Avoidance of Double Taxation (DTA), to promote greater investment flows.

Signed by Senior Minister of State for Trade and Industry, Koh Poh Koon, and the Kenyan Cabinet Secretary of the Treasury, Henry Rotich, and witnessed by Deputy Prime Minister Tharman Shanmugaratnam, these agreements aim to enhance economic ties between both countries.