Kenyan Parliament Approves Historic EU Free Trade Deal 🇰🇪📜 🇪🇺
#government
#trade
Kenya's parliament passes a landmark trade deal with the EU, offering duty-free access for Kenyan traders to the European market. The agreement underscores a commitment to labor rights, gender equality, and environmental sustainability, heralding a new era of economic cooperation between Kenya and the EU. 🇰🇪🤝🇪🇺
Kenyan lawmakers have approved a groundbreaking preferential trade agreement with the European Union (EU), resolving a longstanding dispute with neighboring East African Community (EAC) partners. The Economic Partnership Agreement (EPA) grants Kenyan traders duty-free access to the vast European market, with total trade reaching $3.5 billion in 2022. This deal, ratified after years of negotiations, includes provisions on international labor standards and environmental protection, marking a significant step towards sustainable trade relations between Kenya and the EU.
Read more on TechCabal
Top comments(0)
SEND
