Congolese businessmen hope that the trade, transport and security deals signed between Kenya and the DRC will lead to increased business for them at the Port of Mombasa.
MPs drawn from the sugar belt region now want Parliament to summon Trade CS Betty Maina over what they term a ’secret’ sugar importation deal with Uganda. They said the importation will kill the local industry.
President Biden’s administration is “looking forward to continue the ongoing discussions with regard to our FTA,” Blinken said Tuesday in a virtual meeting with Kenyan President Uhuru Kenyatta.
The Kenyan government has hired a US lobbying and public relations firm as it pushes to conclude trade agreement with Washington. Rational 360’s partners and senior employees consist of veterans of Presidents Clinton and Obama administrations.
A FTA with the USA will be lopsided and threaten cottage industries in the country as well as informal jobs, which will negatively impact the lives of millions of working class Kenyans. Our markets will be swamped into oblivion by highly subsidized American goods.
The governments of Kenya and Pakistan are in high-level discussion to review the bilateral trade agreement of 1983 to harmonise business levels between the two states.
The story of Econews Africa’s engagement with Kenyan parliamentarians and their advocacy efforts through media sensitisation and public interest litigation around the Kenya-UK EPA.
Kenya agriculture sector umbrella body, The Agriculture Sector Network, ASNET, has lauded the recently ratified Economic Partnership Agreement between Kenya and UK saying it will go a long way in boosting economic development and job creation.
The Biden administration will review bilateral trade negotiations and targets that ex-President Donald Trump regime made with Kenya last year over a potential free trading deal. The start of the trade talks could be delayed.
The EPA was approved for ratification by the Houses of Parliament in Kenya and the UK earlier this month.
Kenya has set its sights on fresh talks with the United Kingdom on free trade in services such as money transfers after the pact ensuring continuity in tax- and quota-free trade in goods was enforced yesterday.
About 82.6% of goods and services originating from the UK will benefit from preferential access to the Kenyan market. KAM says the country must improve her manufacturing competitiveness ahead of the trade liberalization.
Kenya Flower Council (KFC) has expressed its support for the immediate approval of the Kenya-UK trade deal signed on December 8 2020.
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.
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.