Audio By Carbonatix
Kenyan legislators have ratified the country’s trade deal with the UK, despite concerns by some MPs on lack of room for further amendments and an ongoing court case against the deal.
Under the agreement, Kenya will maintain its duty and quota-free access for its agricultural products such as tea, coffee, cut flowers, fruits and vegetables to the UK market.
On the other hand, import taxes on 82.6% of products originating from the UK will be abolished after 25 years.
A court case has been filed by small scale farmers who have complained of lack of public participation.
The passing into law of the deal named the Economic Partnership Agreement (EPA), came a day after the UK MPs did the same, paving the way for the pact to be implemented.
In endorsing the deal, Kenya’s parliament will now require the country’s industrialisation minister to submit to it an annual progress report and an economic assessment on the gains, losses and developments arising from the implementation of the deal.
The annual value of trade between Kenya and the UK is estimated at between $638m-820m (£459m-590m).
Latest Stories
-
Cedi depreciation marked most disastrous period in Ghana’s economic management – Felix Kwakye Ofosu
5 minutes -
Walewale, Bolgatanga police investigate deadly checkpoint shooting
9 minutes -
Taxpayers to pay less under revised VAT structure from 2026 — GRA
12 minutes -
Bullish Andre Ayew talks up NAC Breda challenge
39 minutes -
Cybersecurity Authority warns public against festive season parcel delivery scams
40 minutes -
Andre Ayew joins Dutch side NAC Breda till end of season
49 minutes -
It’s fair to say that the gov’t has started well on economic management – Oppong Nkrumah
55 minutes -
Mahama inherited the worst economic situation in Ghana’s history, supervised by the NPP – Felix Kwakye Ofosu
1 hour -
Erasmus+ exposure can help cut youth unemployment – Ashanti region NSS director
1 hour -
When Fear Becomes Content: The Ebo Noah Prophecy and the Question of Accountability
1 hour -
Salaga South MP launches support scheme for women, students and youth
1 hour -
2 killed in police shooting during Abosso galamsey protest
1 hour -
Port of Tema dismisses claims of strike and operational disruptions
2 hours -
Concerned Small-Scale Miners laud Sammy Gyamfi’s leadership at Goldbod
2 hours -
Prince Amoako Jnr reflects on impact after successful PAJ Foundation tournament
2 hours
