Bilateral deal-making involving governments of Africa.
photo: World Bank/CC BY-NC-ND 2.0
The EPA was approved for ratification by the Houses of Parliament in Kenya and the UK earlier this month.
Kenya has set its sights on fresh talks with the United Kingdom on free trade in services such as money transfers after the pact ensuring continuity in tax- and quota-free trade in goods was enforced yesterday.
Diplomatic relations between China and Botswana have grown significantly this year, with the African nation becoming the 46th country on the continent to sign a memorandum of understanding on the China-proposed Belt and Road Initiative.
About 82.6% of goods and services originating from the UK will benefit from preferential access to the Kenyan market. KAM says the country must improve her manufacturing competitiveness ahead of the trade liberalization.
Kenya Flower Council (KFC) has expressed its support for the immediate approval of the Kenya-UK trade deal signed on December 8 2020.
The European Union (EU) is looking to revive the stalled multilateral trade talks between the 28-member economic bloc and the East African Community (EAC).
The National Assembly ratified the EPA on Tuesday, opening the local market to about 1,934 products from the UK, whose import tariff will either be lowered or zero-rated.
The United Kingdom has signed an Economic Partnership Agreement with Cameroon.
Trade Committee chairman fears that the Kenya-UK Economic Partnership Agreement ratified on tuesday night by Kenyan MPs will open floodgates for the dumping of agricultural goods.
United Kingdom legislators have endorsed the trade deal with Kenya after completing scrutiny of the document, paving the way for its enforcement once the Kenyan counterparts approve it.
Tralac’s page on the African Continental Free Trade Area
The Southern and Eastern Africa Trade Information and Negotiations Institute (SEATINI) is a regional non-governmental organization founded in 1996 soon after the WTO Singapore Ministerial Conference — mainly focusing on WTO, but also bilateral and regional trade negotiations in Africa.
The Southern and Eastern African Trade Information and Negotiations Institute (SEATINI) is an African initiative to strengthen Africa’s capacity to take a more effective part in the emerging global trading system and to better manage the process of globalization.