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Prime
President Ruto bypasses EAC barrier to EU trade deal
Trade Cabinet Secretary Moses Kuria and European Commission Executive Vice-President Valdis Dombrovskis (seated) sign the deal to implement EPA on June 19, 2023 at a ceremony witnessed by President William Ruto and his deputy Rigathi Gachagua. PHOTO | DENNIS ONSONGO | NMG
Kenya has signed one of the most ambitious trade deals between the European Union and any African country, unlocking immediate duty-free quota-free access for all her exports to the 27-member bloc while gradually lowering import duty for goods from Europe.
Nairobi and the European Commission on Monday agreed to implement the Economic Partnership Agreement (EPA) between the EU and the East African Community reached in October 2014 subject to approval by respective parliaments.