Rwanda : Turkey governments sign pact

Latest trends suggest increased Turkish involvement on the Rwandan business climate, and equally vice-versa.

On the heels of Turkish Airlines announcing the launch of tri-weekly Kigali- Istanbul flights, the Rwandan and Turkish governments have signed a Memorandum of Understanding (MOU) outlining a mutually-beneficial cooperation framework between the two countries.

The governments of Rwanda and Turkey yesterday signed a Memorandum of Understanding (MoU) that provides a cooperation framework between the two countries.

Foreign Affairs Minister Louise Mushikiwabo put pen to paper on behalf of the Rwandan government, in concert with the visiting Deputy Prime Minister of Turkey, Besir Atalay.

In a press briefing thereafter, Minister Mushikiwabo revealed that the MOU was focused on the boosting of key areas in the country’s development such as energy, security, tourism, education, air transport, health, capacity building and infrastructure.

“Both countries recently had active exchanges, mostly in the areas of trade and investment, but we thought it would be important to create a legal diplomatic framework that allows both countries to go into specific sectors of development,” Mushikiwabo stated.

She noted that apart from the signing of MoU, they discussed the opening of their respective embassies soon.

The signing of the MOU comes in the aftermath of a flurry of activity in Turkish-Rwandese relations, highlighted by a visit earlier this year by President Paul Kagame to Turkey, where he extolled the virtues of doing business in Rwanda to top Turkish business leaders.

The President’s visit was soon-after followed up by a visit to Rwanda by a delegation of Turkish investors, on a fact finding mission to explore potential areas of investment.

 

 

 

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About the author

Mr. Sina is the Managing Partner & Chief Editor of RwandaEye. After completing his post-graduation from the Faculty of Economics and Management, National University of Rwanda,he worked in various consulting capacities for equity and business firms in Kigali. A shrewd strategist, he is an Economic Pundit, entrepreneur and Investment Banker.

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