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KEPSA
7th Floor, South Tower, Two Rivers, Limuru Rd, Nairobi.
info@kepsa.or.ke
On 26th February 2025, KEPSA in collaboration with the Embassy of Chile in Kenya hosted a high-level meeting on the occasion of H.E. Claudia Sanhueza, the Chilean Vice Minister of International Trade’s visit to Kenya. The meeting explored ways to unlock untapped potential in an effort to advance bilateral trade and investment relations between Kenya and Chile, focusing on sectors such as green energy, agriculture, technology, finance and infrastructure.
KEPSA was led by the CEO Ms Carole Kariuki while the Chile delegation was led by H.E. Sanhueza and H.E. Patricio Aguirre, Ambassador of Chile in Kenya. H.E. Sanhueza’s visit is a historic event, marking the first time Chile's highest authority in international trade has come to Kenya to hold the first meeting of the Chile-Kenya Joint Committee on Trade and Investment.
During the meeting, H.E. Sanhueza delivered a presentation on Chile’s economic stability and investment potential. She highlighted the country’s remarkable progress in attracting foreign direct investment (FDI) and fostering a business-friendly environment while emphasising that Chile remains one of the highest-scoring countries in Latin America and the Caribbean for investment attractiveness.
The Vice Minister highlighted Chile’s key investment advantages, including its open foreign investment policies, extensive free trade agreements, strong financial regulations, skilled labour force, and well-developed infrastructure. She also emphasized strategic market opportunities in critical minerals and renewable energy. Encouraging Kenyan investors to tap into Chile’s dynamic economy, she reaffirmed Chile’s commitment to deepening bilateral ties and expressed Chile’s preference for Kenya to establish its planned South American embassy in Chile, further strengthening diplomatic and economic cooperation.
On her part, the KEPSA CEO outlined key sectors where Chilean investors can leverage their expertise and benefit from Kenya’s market. These opportunities included tourism; renewable energy; agricultural technology and value addition; infrastructure and logistics; technology and digital economy and mining. She reiterated KEPSA’s commitment to strengthen trade and investment partnerships between the two nations by facilitating business-to-business engagements, including investment expos and trade missions, to drive mutual economic growth.
The forum marked a significant step in strengthening bilateral trade and investment ties between Kenya and Chile. The discussions reinforced both nations’ commitment to expanding collaboration across key sectors while highlighting mutual opportunities for investment and economic growth.