A standoff between Burundi and the European Union over political sanctions is set to further delay the signing and ratification of the Economic Partnership Agreement between the EU and the East African Community.
First-vice speaker of Burundi Senate said Burundi will not have the courage to ratify the Economic Partnership Agreement in the context of economic sanctions imposed against it.
Kenya will have to lobby for its own duty-free market access to Europe to shield its exports to the European Union from taxes.
European lawmakers want Burundi excluded from becoming beneficiary of free trade agreement between the EU and the East African Community
La Commission européenne est sur la voie d’un accord commercial avec cinq pays d’Afrique de l’Est et centrale, dont le Burundi. Ce texte ne réjouit pas tous les députés européens, notamment à cause de la situation des droits de l’homme au Burundi
Burundi has received euro 4.4 million (US$6.4 million) grant from the Common Market for Eastern and Southern Africa (COMESA) under the adjustment facility.
The government has crossed the threshold in reviewing the Free Trade Agreement with Rwanda and Burundi.
Uganda has been urged to sign free trade agreements with Rwanda and Burundi in order to waive customs duties.