The UK’s trade deal with Kenya to avoid tariffs on food imports including cocoa, coffee and bananas, could risk undermining established regional trade relationships in East Africa, trade campaigners have warned.
Kenya, UK have concluded an economic partnership agreement under the stalled EU-EAC EPA’s text which Kenya ratified in October 2016.
Liz Truss urged to sign off deals quickly to spare African states high tariffs once Brexit transition period ends.
The talks have moved into the second round. Kenya has prepared text for 13 chapters.
So-called “trade agreements” such as the US-Kenya trade deal have nothing to do with trade. But rather they impose new limits on government regulatory authority.
Kenya’s plans to tax digital services could hit a brick wall following its negotiations for a free trade deal with the US.
Meetings called to negotiate a collective trade agreement between the EAC and the United Kingdom have failed to make any substantive progress.
Kenya has welcomed its neighbours in negotiating fora post-Brexit trade deal with the UK for a duty and quota-free market.
The US indicates that the deal with Kenya should, with respect to commercial partnerships, discourage actions that prejudice or discourage business between the US and Israel.
The Donald Trump’s administration is seeking abolition of import duty on agricultural exports to Kenya.
Tariffs remain Kenya’s main trade policy instrument while juggling between boosting international trade and cushioning local producers from external competition.
Faced with plunging profits and a climate crisis that threatens fossil fuels, the industry is demanding a trade deal that weakens Kenya’s rules on plastics and on imports of American trash.
The negotiation of a US-Kenya Free Trade Agreement has spurred interest by prospective US investors, exporters, and importers.The final GILTI, FDII, and BEAT regulations provide the US tax framework for US C corporate investors.
With just four months to the expiry of the current agreement, ideological differences among member states are hampering the progress of the bloc’s negotiations.
US dairy farmers want unfettered access of their milk products to the Kenyan market in the proposed free trade agreement between Nairobi and Washington, which could have far-reaching implications on Kenya’s milk farmers.
Negotiations over a trade agreement between Kenya and the US have resumed. The deal could undermine African common markets and flood Kenya with cheap maize and chicken.
Kenya’s need to export value-added agricultural products dominated the first round of talks with America after its formal launch on Wednesday last week.
Kenya is reluctant to seek extension of safeguards that protect the country from importation of cheap sugar from the Common Market for Eastern and Southern Africa (Comesa).
Last week, Kenya and US officially started negotiations of the Free Trade Agreement (FTA). A special interest group comprising civil society, trade unions and farmers have also mobilised against the FTA. This is a common trend globally when trade negotiations begin because the future of these vested interest groups is always uncertain.
Kenya’s free trade deal with the US has been challenged before the East Africa Court of Justice days after the two countries opened negotiations on duty-free imports.