Nairobi, Kenya — Kenyan exporters have achieved a significant milestone by securing a permanent duty-free entry into the €14 trillion European Union (EU) market.
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Trade Cabinet Secretary Rebecca Miano, alongside EU Ambassador Henriette Geiger, signed the Kenya-EU Economic Partnership Agreement at State House, Nairobi.
The agreement, culminating years of negotiations, ensures uninterrupted access for Kenyan products, including flowers, vegetables, avocadoes, and coffee, to the expansive EU market.
President William Ruto and European Commission President Ursula von der Leyen witnessed the historic signing, emphasizing its implications for long-term partnerships and incentives for Kenyan exporters. The deal signals Kenya’s commitment to diversify exports to Europe, expanding beyond primary products to include value-added manufactured goods like industrial shoes and packaged flower bouquets.
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Cabinet Secretary Miano expressed optimism about the agreement, providing immediate and permanent duty and quota-free access to the EU market. President Ruto highlighted the potential for job creation and increased revenue through value addition.
President von der Leyen noted the potential for Kenya to access quality equipment and machinery from Europe, enhancing the production of high-quality goods. She also expressed hope for other East African countries to join the agreement.
The economic partnership covers various aspects, including trade in goods, fisheries, agriculture, and economic and development cooperation. It aligns with commitments to environmental protection and sustainable trade, reflecting Kenya’s dedication to combating climate change and fostering a green economy.
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The agreement will undergo ratification by Kenya’s National Assembly and the European Parliament, with subsequent implementation anticipated.