Trade deal might hand UK Kenya's multi-billion marine wealth - News Summed Up

Trade deal might hand UK Kenya's multi-billion marine wealth


“The EAC Partner State(s) and the UK fishing vessels operating in the waters of the EAC Partner State(s),” reads part of the agreement. Read MoreSome of the terms and conditions include the EAC countries setting up a vessel monitoring system (VMS) for the EAC State(s). Besides helping the EAC States to build capacity, the UK will also help Kenya in the fight against illegal fishing on its shores. While the Economic Partnership Agreement is so far between Kenya and the UK, it leaves room for the other EAC States to plug in later. Just like in the trade agreement with the European Union, Kenya preferred to go it alone in negotiating for a deal with the UK.


Source: Standard Digital March 10, 2021 06:45 UTC



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