Kenya-UK trade deal in limbo as Parliament blocks ratification - News Summed Up

Kenya-UK trade deal in limbo as Parliament blocks ratification


Trade and Enterprise Development CS Betty Maina with UK's International Trade Minister Ranil Jayawardena during the signing of the new Kenya-UK trade deal in London, United Kingdom. This followed questions from legislators about the trade deal’s fine print, raising a storm that could derail Britain’s first post-Brexit bilateral trade deal with an African country. So, is it in order for Kenya to ratify this deal without other partner states,” asked Dagoretti MP John Kiarie during a sitting meant to ratify the deal. According to the State, the trade deal is important because the UK takes up a third of all Kenyan exports to the EU. Rules of originAside from allowing duty-free access of Kenyan goods to the UK market, Maina said simplified rules of origin would allow local traders a diversified export portfolio, helping fast-track the development of local industries.


Source: Standard Digital March 06, 2021 19:15 UTC



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