The full implementation of EPA, may shift consumption away from local products, to EU goods.
Trade within East Africa Trade will receive a boost this year with the implementation of the cargo pre-clearance system at the port of Mombasa by the Kenya Revenue Authority.
Kenya has been granted a one-year extension of sugar import limits from the regional trade bloc Common Market for Eastern and Southern Africa (COMESA) to revamp its ailing sugar industry.
Ahead of a meeting between Indian Prime Minister Modi and German Chancellor Merkel this week, European manufacturers had already protested India’s patents policy, arguing that it doesn’t protect sensitive technology.
L’Ouganda est prêt à mettre en œuvre l’accord commercial bilatéral que les présidents Yoweri Museveni et Uhuru Kenyatta ont signé.
Christophe de Vroey, EU trade and communication counsellor, is interviewed by CNBC Africa on what has changed for Kenya’s horticulture sector since the economic partnership agreement.
Kenya is one of the world’s largest exporters of cut stems, so how is the east African country faring in the face of Europe’s tough trade policies?
The issues that had remained in contention until last week are critical for Kenya and EAC’s future development, but we capitulated.
Political blockages in the trade talks between the East African Community and the EU continue.
Flower farms in Naivasha are now warning of mass relocation to either Ethiopia or Tanzania in the wake of the collapse of Economic Partnership Agreement (EPA) talks.
Kenya’s push for an expeditious agreement between the East African Community and the European Commission over the long dragging trade negotiations suffered a major blow as nothing had been signed by yesterday.
An EAC delegation is in Brussels for three days of negotiations with the EU over the finalisation of the draft EPA deal that was agreed on by Kenya, Tanzania, Uganda, Rwanda and Burundi on Saturday.
Kenya Human Rights Commission and others demand extension of September 30 deadline to sign the pending trade deal between the East African Community and EU on the grounds that failure to reach agreement will hurt half a million horticultural workers, mostly women.
A senior Kenyan Government officer who wished not to be named confirmed that Tanzania has been dragging its feet in embracing the new EU trade deal. “This might prompt Kenya to sign the agreement alone," he said.
Industry players fear that the more than 120,000 tonnes of fresh cut flowers exported to EU from Kenya every year could face taxes of between eight and 12% if the EPA is not signed and ratified in three months’ time.
Kenyan sugarcane farmers and consumers face a bleak future, as Government departments tasked with implementing reforms in the sector drag their feet.
Three remaining contentious issues will be dealt with by next month, according to the Kenyan government, which will be good news for horticulture farmers who have been worried that their market access will be compromised if Kenya loses its privileges in the EU market.
A technical team from the Ministry of East African Affairs, Commerce and Tourism last week held a meeting with the Common Market for Eastern and Southern Africa (Comesa) Secretariat over the progress of the local sugar industry.
Former Deputy Prime Minister Musalia Mudavadi has asked the government to seek an extension of the Comesa safeguards to protect the local sugar industry from excessive imports from the Comesa region.
If the Economic Partnership Agreement is not signed by October 2014, the Generalised System of Preference rule will apply to Kenya, which will entail a tariff hike for most Kenyan exports to the EU.