EPA pact paves the way for a surge in EU investments in Kenya

Kenya stands to benefit from duty-free and quota-free access to the expansive opportunities that historic Economic Partnership Agreement presents with the 27- member EU bloc. President Ruto has lauded EPA, saying it seeks to put real money into the pockets of ordinary people. Kenya aims to roll out provisions contained in the EU-East African Community EPA,…

•Kenya stands to benefit from duty-free and quota-free access to the expansive opportunities that historic Economic Partnership Agreement (EPA) presents with the 27-member EU bloc.

•President Ruto has lauded EPA, saying it seeks to put real money into the pockets of ordinary people (in Kenya).

•Kenya aims to roll out provisions contained in the EU-East African Community EPA, and will be open for regional countries to join in the pact in the future.

Kenya and the European Union (EU) have taken a significant stride towards strengthening their trade relations with the signing of the Economic Partnership Agreement (EPA) in Nairobi.

This landmark agreement, which now awaits endorsement from lawmakers on both sides, is poised to bolster bilateral trade in goods, foster increased investment flows, and contribute to sustainable economic growth.

As East Africa’s largest economy, Kenya stands to benefit from duty-free and quota-free access to the expansive opportunities that …

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