Rwanda, Djibouti to strengthen trade ties

Rwanda and Djibouti signed an agreement on Saturday in Kigali to strengthen their economic partnership.

Rwanda’s President Paul Kagame and his Djibouti counterpart Ismael Omar Guelleh made the announcement following a two day visit by the horn of African leader to Kigali.

The two countries have good trade and diplomatic ties but Guelleh’s visit is expected to enhance relations.

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“This visit can only advance our partnership particularly in trade and investment. Djibouti is a very important entry point to our region and a global crossroads in its own right. So, based on the fraternal relations we have, we can also take advantage of this and expand to other relevant activities,” President Kagame said.

The memorandum of understanding will also see Rwanda develop and operate a strategic base for its imports and exports at a 20-hectare piece of land it was offered by Djibouti’s government at its port in 2013.