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Fostering fair EU-Africa economic ties
European Commission Executive Vice-President and EU Trade Commission Valdis Dombrovskis (seated) and former cabinet secretary for Investments, Trade and Industry Moses Kuria signing documents at state house Nairobi, Kenya on June 19, 2023. PHOTO | DENNIS ONSONGO | NMG
As the year ends, we as a country can look back and see how December 18, 2023 marked a pivotal moment for Kenya. We formalised the Economic Partnership Agreement (EPA) with the European Union (EU).
The agreement is poised to facilitate duty-tariff-free and quota-free (DFQF) exports to Europe. It has immense potential for stimulating bilateral trade, attracting increased investments, building local capacities and fostering sustainable economic growth.