Kenya and the United Kingdom have finally penned a post-Brexit trade deal for a duty and quota-free market access effective January 1. Kenya's trade Cabinet Secretary Betty Maina and UK's International Trade Minister Ranil Jayawardena signed an Economic Partnership Agreement (EPA) in London yesterday. Kenyan exports will continue enjoying preferential market access previously covered under the EU-East African Community trade deal. Failure to reach a deal would have exposed Kenyan exports to higher tariffs as the EAC–EU Economic Partnership Agreement terms will not be applicable in UK. UK-Kenya trade was worth Sh200 billion (£1.4 billion) in 2019.

Source: The Star December 09, 2020 00:56 UTC