Bilateral deal-making involving governments of Africa and the Middle East.
photo: World Bank/CC BY-NC-ND 2.0
The European Union (EU) is looking to revive the stalled multilateral trade talks between the 28-member economic bloc and the East African Community (EAC).
The National Assembly ratified the EPA on Tuesday, opening the local market to about 1,934 products from the UK, whose import tariff will either be lowered or zero-rated.
The United Kingdom has signed an Economic Partnership Agreement with Cameroon.
Trade Committee chairman fears that the Kenya-UK Economic Partnership Agreement ratified on tuesday night by Kenyan MPs will open floodgates for the dumping of agricultural goods.
United Kingdom legislators have endorsed the trade deal with Kenya after completing scrutiny of the document, paving the way for its enforcement once the Kenyan counterparts approve it.
MPs claimed that the clause in the Economic Partnership Agreement (EPA) erodes the country’s sovereignty and demanded that Parliament be allowed to either amend or express reservation on the trade deal.
The US-Kenya free trade talks should not be used as a justification to undermine Kenya’s efforts to regulate the use of single-use plastics, says Greenpeace Africa.
The case was filed this monday at the Constitutional and Human Rights Division, and seeks to compel the Government to ensure transparency and effective public participation before the agreement is made into law by the National Assembly.
The deal supports a trading relationship worth £1.2bn and reinstates the terms of the economic partnership agreement between the two sides when the UK was part of the EU.
East African Community (EAC) member states have secured an open-ended time frame to access the trade agreement signed between Kenya and the United Kingdom.
Tralac’s page on the African Continental Free Trade Area
The Southern and Eastern Africa Trade Information and Negotiations Institute (SEATINI) is a regional non-governmental organization founded in 1996 soon after the WTO Singapore Ministerial Conference — mainly focusing on WTO, but also bilateral and regional trade negotiations in Africa.
The Southern and Eastern African Trade Information and Negotiations Institute (SEATINI) is an African initiative to strengthen Africa’s capacity to take a more effective part in the emerging global trading system and to better manage the process of globalization.