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Rwanda, Spain sign MoU to consolidate bilateral cooperation

By IGIHE
On 17 December 2020 at 08:02

Rwanda and Spain have signed Memorandum of Understanding (MoU) on Political Consultations aimed at establishing and further consolidating bilateral cooperation between the two countries.

The MoU was signed yesterday between Rwanda’s Minister of Foreign Affairs and International Cooperation, Dr Vincent Biruta and his counterpart of Spain, Arancha González Laya.

Dr Biruta signed the MoU on his visit to Spain where he was received by Arancha González Laya at the Viana Palace to address current bilateral, regional and international issues.

He explained that the MoU is meant to build a shared future whereby it can be leveraged to establish strong climate resilience and health systems.

“The visit is aimed at signing various agreements that pave the way for future cooperation in different areas including justice and trade,” he said.

Dr Biruta explained that the COVID-19 pandemic should not be a barrier highlighting that it is time to strengthen cooperation to mitigate its effects.

He said that signed agreements will also boost tourism whereby Spain tourists will visit Rwanda to explore the attractive beauty of the country and wild species.

Among others, Rwanda has provided conducive business environment that Spain’s companies can leverage to invest in Rwanda.

Dr Biruta invited his counterpart to visit Rwanda next year to further strengthen bilateral relations.

Rwanda and Spain enjoy diplomatic relations since 1967. Figures released in 2018 show that Rwanda ranked 184th among countries with largest imports from Spain and 171st for exports to the country.

Both countries have no joint investment even though there are some Spain companies operating in Rwanda including INDRA and ISOLUX contracted to build electricity substations.

The MoU was signed yesterday between Rwanda’s Minister of Foreign Affairs and International Cooperation, Dr Vincent Biruta and his counterpart of Spain, Arancha González Laya.

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