Kenyan embassy to open in Bern

Alain Berset, who holds the rotating Swiss presidency this year, and Kenyan President Uhuru Kenyatta have discussed efforts to fight corruption as well as healthcare and international affairs. A Kenyan embassy in Bern is set to open later this year. A declaration of intent on the return of illegally acquired funds was also signed during official talks in Nairobi on Monday. + Bilateral relations between Switzerland and Kenya The declaration of intent on the Framework for the Return of Assets from Corruption and Crime in Kenya (FRACCK) sets out best practices regarding the return of illegally acquired funds to Kenya. In particular these include transparency and accountability in the return process, the use of funds for the benefit of the civilian population, and the possibility of investing the funds in projects to promote sustainable development. These principles will provide a framework for returning illegally acquired funds from Switzerland to Kenya, the foreign affairs ...

More Headlines

Follow worldbiztoday on Twitter

US Stocks