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 Kenya   ::   News
 
Kenya signs trade agreement with United Kingdom
Dec 10, 2020
By: Abara Bleesing Oluchi
KENYA

 

Kenya and the United Kingdom on Tuesday formally signed a trade agreement in London.

Trade cabinet secretary Betty Maina signed on behalf of Kenya while international trade minister Ranil Jayawardena signed on behalf of the UK.

The trade deal will enable Kenyan exporters to continue accessing the UK market under a duty free, quota-free arrangement.

The deal specifically touches on fresh vegetables, coffee, tea and cut flowers although it could be expanded in the future to include textile, livestock and fish, according to Nairobi.

The UK market accounts for 43% of total exports of vegetables from Kenya as well as at least 9% of cut flowers

Both sides were eager to agree a deal before Britain formally exits the European Union (EU) on December 31.

“I am delighted that today we have signed a trade agreement with Kenya. This deal makes sure businesses have the certainty they need to continue trading as they do now, supporting jobs and livelihoods in both our countries”, said the UK’s International Trade Minister Ranil Jayawardena.

Kenya’s top exports to the UK include tea, coffee, vegetables and flowers.

The east African country mostly imports machinery, electronics and technical equipment from London.

Trade between the two countries reached $1.8bn in 2019.

The deal will become operational once the national assemblies of both countries ratify it. It includes clauses that allow other East African Community states (Uganda, Tanzania and Rwanda) to join in the future.

 
 
 
 
 
 
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