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Kenya must deepen its economic diplomacy in a globalised world
Cabinet Secretary in charge of Energy and Petroleum Davis Chirchir (right seated) and Minister for Energy & Mineral Resources of the Republic of Indonesia Arifin Tasrif (Seated left) during the signing of MOU after bilateral talks between the two countries at State House Nairobi on August 21, 2023. With them is President William Ruto and Indonesian President Joko Widodo. PHOTO | DENNIS ONSONGO | NMG
Recent global crises such as Covid-19, global inflation, and the Russian invasion of Ukraine have demonstrated that countries must reassess their priorities. Geopolitical issues such as the US-China trade wars and vaccine inequity at the peak of Covid-19 showed us that nations must assess their own industrial capabilities, overreliance on other nations, food security, energy security, and other economic interdependencies.
In this context, economic diplomacy has become super critical for Kenya as an emerging economy. While other forms of diplomacy (political, cultural, etc.) are important, economic leverage has become even more vital in dictating the terms of engagement in the current world.
