Thousands of farmers, jua kali artisans and hundreds of thousands of workers and their families will end up in deeper poverty if the Kenyan government signs an agreement that will allow farm and industrial products from Europe into the local market.
Flower exporters have asked the Kenyan government to ensure that it signs an agreement with the European Union (EU) before the General Elections next year.
The Kenyan Trade Minister, Mukhisha Kituyi, today spoke up
against the danger of countries running to negotiate bilateral and
regional trade deals with the impasse of the Doha negotiations
at the World Trade Organisation.
Civil societies have asked the Government not to sign any agreement that emerges from current talks with European Union. The non-governmental organisations accused the EU of pursuing its own agenda, which does not match Kenya’s or any other African country’s.
Kenya Association of Manufacturers CEO Betty Maina said negotiators in the Economic Partnership Agreement, EPA, are not in-sync and the agreement might not be signed by the end of next year.
Trade and Industry Minister Dr. Mukhisa Kituyi has asked the COMESA ministerial taskforce to hasten implementation of the regional customs union to achieve the free trading within member-countries.
Kenya’s horticultural sector is appealing to the Government to lobby other east and southern Africa countries for agreement on the ongoing trade talks between the region and the European Union.
After calling off negotiations on a Free Trade Agreement (FTA) with five Southern African countries last month, the US has indicated its intentions to negotiate new trade arrangements with several African countries including Kenya, Mauritius, Mozambique and Ghana.
Kenya has signed an agreement with the Sudanese government to allow its manufacturers to export some goods duty free to Sudan.
Kenya and Sudan are set to sign a bilateral trade agreement that may open up the vast Sudanese market to Kenyan entrepreneurs.
Kenya has signed an agreement with the Venezuela government to enhance bilateral co-operation between the two countries.
By having preferential access to the two major markets in South Asia - India and Pakistan - Sri Lanka can now position itself as the conduit for Indo-Pakistan trade that has diminished due to political problems centred around the Most Favoured Nation treatment.
Kenya and Sudan have sorted out differences over the compliance of Comesa rules of origin.
Kenya and the European Union started negotiations for a new trade pact last week amid fears that the country could lose Sh9.5 billion.
Kenya’s chances of fighting poverty and growing its economy will be harmed if it signs a new economic agreement with the European Union in 2008, a human rights group said.
Somalia’s fledgling government signed a broad bilateral trade agreement with neighboring Kenya on Tuesday, the first since warlords overthrew military dictator Mohamed Siad Barre in 1991 and plunged the country into chaos.