A group of Hong Kong businessmen is in Kenya for talks on trade. The leader?
GV EXT Jagoo House
MV Delegates greeted
Dr. Keino speaking
SCU Mr. Ho-Asjoe speaking
DR. KEINO: "You, being an island, and we, being farmers, I am rather disappointed that we have not fed you with more food (LAUGHS). I feel we should have. I am sure you are importers of agricultural products, and we are exporters of agricultural products in addition to being a manufacturing country, and this is one of the fields we might be able to talk together more and more as to what kind of agricultural products we could serve to Hong Kong."
MR. HO-ASJOE: "By and large, trading between the two territories was rather limited in the past. And we're quite aware (INDISTINCT). So the drop of trade between the two territories is getting less. But in matters of trade, if I can remember the figures correctly, our export figures to Kenya amounted to something like 55 million Kenya shillings. However our imports Kenya amounted to 68 million Kenya shillings. So you can see the difference, it was very much in favour of Kenya."
Initials BB/1847 RJ/AH/BB/1837
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Background: A group of Hong Kong businessmen is in Kenya for talks on trade. The leader of the group said the colony was interested in joint ventures with Kenya, but was not clear on the country's Africanisation policies.
Skins and hides currently make up 95 per cent of the exports from Kenya to Hong Kong. Over the past few years the export of fresh and frozen meat to the colony has declined and the Hong Kong businessmen said they would like market to increase.
The businessmen have brought a wide range of articles made in Hong Kong for display to local importers. The goods include clothes, radios, travel goods and jewellery.
The Kenyan Minister for Commerce and Trade, Doctor J. Keino, met the delegation on Tuesday (28 May). Here is a transcript of preliminary talks between him and the head of the delegation, Mr. Edward Ho-Asjoe.