Kenya has again appealed to Uganda for a joint strategy on accessing the European market through the stalled EU/EAC Economic Partnership Agreement (EPA).
The agreement was concluded between the chief negotiators (foreign or trade ministers) in December 2020 and initialled on 15 April 2021 in Samoa.
The EU-Kenya agreement to implement the Economic Partnership Agreement originally planned with the entire East African Community unties the Gordian knot between its supporters and opponents among African countries in the short term, but has long-term consequences beyond the divergence of tariffs towards the EU.
Kenyan-based TradeMark East Africa and the UK-based Institute of Export and International Trade signed a memorandum of understanding providing a framework for collaboration in the implementation of a digital trade corridor between the UK and Kenya.
The local dairy industry has come under increasing pressure since Burkina Faso and its neighbors opened their markets to Europe under a series of trade agreements that stretch back almost two decades.
Kenya has the green light to pursue the Economic Partnership Agreement (EPA) with Europe after the regional business bloc recalled its previous position that restricted East African Community member states from endorsing the deal.
July 1, 2021 marks the start of effective implementation by Ghana of the interim Economic Partnership Agreement (iEPA) between the European Union and Ghana.
A communique released after the meeting with EU chiefs indicated Kenya will be allowed to move forward with implementing the agreement, even after EAC member states hold reservations.
President Uhuru Kenyatta was on Monday afternoon received by King Philippe at the Royal Palace in Brussels at the start of his two-day official visit to the Kingdom of Belgium and the European Union.
The EU and African, Caribbean and Pacific Community on Thursday (15 April) finalised the successor to the Cotonou agreement, bringing a close to two and a half years of negotiations and repeated delays.
The EPA was approved for ratification by the Houses of Parliament in Kenya and the UK earlier this month.
Suriname joined the UK and 13 other CARIFORUM States that have already signed the Economic Partnership Agreement (EPA).
A report prepared for the European Commission was published last month to evaluate the outcomes of the agreement.
The African Union sees the ‘partnership’ process, likely to culminate in a summit in Portugal in May or June, as an opportunity to overhaul the Economic Partnership Agreements (EPAs) .
The agreement provides duty free and quota free access for Ghana and the same preferential tariff reductions for British exporters as provided by the arrangement that is currently in force.
The United Kingdom and Cameroon have today secured an Economic Partnership Agreement (EPA) that ensures mutual continuity of trade.
The third round of negotiations was held virtually from 24 to 27 November 2020. The next round is foreseen for April 2021.