Kenya-UK Sign New Trade Deal
From Twitter/@MarketKenya
The agreement, to secure the mutual interests of the two partners after Brexit, replicates the effects of the East African Community EPA with the European Union that facilitates EAC exports, free of duties and quotas, to the European Union market.
When ratified and fully implemented, the agreement is expected to deliver significant benefits to Kenya and its partners in the EAC region. It is grounded on the vision of Kenya’s President Uhuru Kenyatta and UK Prime Minister Boris Johnson.
Moreover, the agreement will enhance privileges for agricultural goods and confer originating status to EAC exports, including Kenya’s key flowers and fresh produce, even if they pass through any of the 27 EU countries.
This is about securing and protecting Kenya’s annual £2 billion ecosystem of trade with the UK on which hundreds of thousands of jobs and millions of livelihoods depend.
