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.
Catholic and other churches in Kenya are opposed to Economic Partnership Agreements (EPAs) currently being negotiated between developing countries and the European Union.
Anti-poverty campaigners have likened trade negotiations between the European Union (EU) and several regions in Africa to a boxing match between a schoolboy novice and a heavyweight champion.
Kenyan manufacturers have rebuffed calls by the International Monetary Fund (IMF) for a reduction of import duty.
Trade Minister Mukhisa Kituyi has said preparations for the 12th COMESA Heads of State and Government Summit are on course.
There have been myriad commentaries on the ongoing negotiations on Economic Partnership Agreements between the European Union and the African, Caribbean and Pacific countries. The first thing in these debates is the jargon and how much a regular member of our communities would not understand. It’s about time that those who know anything about trade and economic agreements explained this agreement to the rest in simple ’Wanjiku’ language.
The European Union celebrated its 50th birthday on March 25, since the signing of the founding Rome treaty, a pact originally comprising six Western European nations. France, West Germany, Italy, Belgium, the Netherlands and Luxembourg sealed an economic co-operation that was meant to avoid future wars.
Sugar cane farmers have added their voice to demands that Government seeks an extension of the Comesa moratorium, which comes into effect from early next year. The Kenya Sugarcane Grower’s Union officials petitioned President Kibaki to lead the extension campaign to enable local factories and market get ready to compete with the imports from the region.
It has been argued that Kenya and other African Caribbean and Pacific (ACP) countries should sign Economic Partnership Agreements to safeguard revenue and jobs and promote growth and development.
Kenya has entered into several regional and global trading arrangements aimed at alleviating poverty in the country, Trade and Industry minister Dr Mukhisa Kituyi has said.