Kenya-UK trade deal factors in unfair competition – state - News Summed Up

Kenya-UK trade deal factors in unfair competition – state


The two countries continue to “provisionally” use the EPA after UK exiting the European Union on December 31. Kenya's Trade cabinet secretary Betty Maina and UK's International Trade Minister Ranil Jayawardena signed an EPA in London on December 8, securing duty and quota-free market access effective January 1. The UK market accounts for 43 per cent of total exports of vegetables from Kenya as well as at least nine per cent of cut flowers. This means that the gradual duty reduction for UK goods imported into Kenya and EAC will only start after seven years. According to UNCTAD, no LDC country in the EAC is expected to graduate from this status until at least 2024.


Source: The Star February 23, 2021 12:00 UTC



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