Kenya is facing cases at International Centre for Settlement of Investment Disputes (ICSID) with claims amounting to Sh334 billion.
Global mining firms want Kenya compelled to pay Sh334 billion as compensation for cancelling their licences.
Kenya has initiated informal bilateral talks with Britain as it seeks to establish a new trade deal to protect its exports to the European market now that Brexit will likely affect duty free access of Kenyan goods to the country.
Indonesia seeks to initiate negotiations on trade agreements under both bilateral and regional schemes this year to help jack up the country’s exports.
Kenya will take its case to the European Union in Brussels in a last-ditch effort to garner support for the Economic Partnership Agreement deal.
Japan intends to conclude new bilateral investment treaties with 13 countries, including Algeria and Morocco.
Kenya is currently reviewing all its bilateral trade agreements it has signed with other countries with a view to enhancing exports, officials said.
Plans to establish a single market for the 26 African countries in the Eastern and Southern African region – known as the tripartite free trade area (TFTA) – could be overly ambitious.
Jordan and Kenya are expected to sign a free trade agreement (FTA) before the end of the year, Minister of Industry, Trade and Supply Yarub Qudah said.
The East African Community is once again facing a delicate diplomatic situation as it seems now more than ever that, after protracted negotiations, member states may have to just agree to disagree on the Economic Partnership Agreement.
Kenya’s quest to close an economic partnership agreement (EPA) with the European Union ahead of next year’s deadline has run into fresh head winds after a Tanzanian lodged a civil suit in the East African Court of Justice, seeking to stop it.
Countries in East Africa are ready to sign on a poorly understood trade agreement with the EU whose overall impact will be disastrous for years to come.
Kenya has embarked on another round of diplomatic talks with her least-developed East African Community peers in a fresh bid to convince them to sign a trade deal with 28-member European Union.
Kenya will continue enjoying duty-free and quota-free access for its goods to the European Union even if neighbouring countries fail to approve the Economic Partnership Agreements (EPAs).
Just a week after the National Assembly unanimously endorsed the Economic Partnership Agreement, the government deposited the same instruments with the EU.
The six African countries threatened with losing access to the European single market have finally agreed to sign the EU’s Economic Partnership Agreements (EPAs). But the continent’s regional integration may suffer as a result. EurActiv France reports.
Parliament unanimously endorsed Economic Partnership Agreement (EPA), sending yet another strong signal of Kenya’s resolve to conclude the decade-old negotiations with Europe.
Kenya’s umbrella body of trade unions has criticised the Government for its persistent stand on the Economic Partnership Agreement (EPA) with the European Union.
Divisions in the EAC over the EU EPA highlights problems in the bloc and competing developmental strategies; if the EAC cannot act as one, can it survive?
Kenya will have to lobby for its own duty-free market access to Europe to shield its exports to the European Union from taxes.