A tactical manoeuvre by Pakistan into bilateral free trade arrangements with several Asian neighbours is threatening to throw its multi-billion shilling-a-year-tea trade with Kenya into a spin.
Kenya signed an interim trade pact with the European Union in mid November to save its domestic and foreign investors who would have preferred to relocate to lowly ranked neighbouring states in the region, a senior official has disclosed.
Sugar sector players have finally agreed on a raft of radical proposals aimed at boosting the competitiveness of the ailing industry ahead of full liberalisation in 2012.
East Africa’s signing of an interim trade pact with Europe has come under heavy criticism for dividing Africa as well as undermining the continent’s integration efforts. Interview with the Common Market for Eastern and Southern Africa (Comesa) Secretary-General Erastus Mwencha.
Civil Society Organizations now say that the East and Southern African negotiators and civil servants who attended the Economic Partnership Agreements meeting in Brussels, Belgium were bullied into a midnight deal with the European Union.
Kenya has been exempted from signing the Economic Partnership Agreement for another year. Economic analysts say the deal is good for Kenya in the short term but could become oppressive in the future.
The European Union reacted sharply to Trade minister Mukhisa Kituyi’s Tuesday revelation that Kenya will no longer pursue an interim trade pact with Europe but a comprehensive agreement ahead of the expiry of the one on December 31.
We should not be surprised at the Kenyan state’s almost complete lack of understanding of the concerns raised in a suit filed last week by the Kenya Small Scale Farmers Forum, with the support of the Kenya Human Rights Commission, to block any trade agreement between Kenya and the EU.
The stage is set for a battle pitting small-scale farmers against manufacturers and exporters of fresh produce. On Friday, the Kenya Association of Manufacturers and Kenya Fresh Produce Exporters Association applied and were included in the case as interested parties to support the Government against the farmers and the Kenya Human Rights Commission.
A landmark case has entered the Kenyan corridors of justice as a group of farmers and a human rights watchdog move to challenge the State over ongoing negotiations for a new trade agreement with Europe.
Africa’s largest trade bloc may hold the future for Kenya’s growing exports sector that is facing an uncertain future in traditional markets such as Europe, latest trade data indicates.
Kenya faces tariff increases of between two and 24 percent on its exports to the European Union if it fails to conclude an Economic Partnership Agreement with the EU by the end of the year.
Uncertainty is looming in Kenya’s horticultural sector following the move by the five EAC member states to sign one Economic Partnership Agreement (EPA), which they say could take much longer time than was previously anticipated.
To many sugarcane-dependent families in western Kenya, January 2008 will come with adverse consequences to livelihoods and life itself as Kenya joins more efficient sugar producers in the free market regimes of COMESA and EPA.
Kenya’s terms of trade in the international market may change for the worse following its recent removal from the list of the world’s Least Developed Countries, it has emerged.
Kenya is among 75 African, Caribbean and Pacific (ACP) countries currently engaged in negotiations with the EU for a new trade framework under the Economic Partnership Agreements (EPAs). As time is running fast, we need to examine the issues.
Felix Okatch (“Churches’ stand on EPAs look suspicious,” The EastAfrican, May 28-June 3) wondered why churches should take a stand on a “complex matter” such as the Economic Partnership Agreements (EPAs) between the European Union and the countries of Africa, Caribbean and the Pacific.
As the latest entrant into the Common Market for Eastern and Southern Africa (COMESA), Libya is a potential trade partner not only for Kenya but the COMESA regional economic bloc which Kenyan President Kibaki currently chairs
The Business Forum has recommended the introduction of penalties to deter Comesa member states from blocking regional trade through non-tariff barriers.
The Kenya Association of Manufacturers (KAM) has warned that COMESA states will lose up to Ksh16.9billion ($241 million) annually if the Economic Partnership Agreement with the European Union is endorsed. "Is this a second colonization by the EU.....or economic slavery by the so-called developed world?" said Mr. John Ogam, member of the Kisumu KAM executive Committee.