Editorial Desk 
Kenyan goods will soon access the European Union (EU) market duty-free, helping boost exports to the huge market.
Key Highlights of EU-Kenya Economic Partnership Agreement (EPA):
1. Kenyan exports to enjoy duty & quota free market access to EU.
2.The EPA secures a market for Kenyan farmers & boosts their income potential: – Expands & guarantees continued flower exports to EU- Expands & guarantees tea & coffee markets for small scale farmers & cooperatives. – Expands & guarantees a predictable market for fish, fresh vegetables, the edible fruits and nuts.
3. EU to encourage private sector to invest in Kenya.This will stimulate job creation in the manufacturing sector, in industries such as chemicals, steel, pharmaceuticals, machinery, & other related products.
4. Positions Kenya as a natural hub for European investors seeking access to EAC, COMESA & AfCFTA.
Kenyan goods will soon access the European Union (EU) market duty-free, helping boost exports to the huge market.
This comes after the Kenyan government and EU signed an economic partnership agreement at State House, Nairobi, today.
Under the deal, Kenya’s products, such as horticulture, tea, and fruits, among others, will enjoy preferential tax treatment in the union with 27 countries.
“There is a strong appetite for boosting trade and partnership in both the two regions. We have the right platform to do so,” said EU Vice President Frans Timmermans.
The visiting EU delegation observed that Kenya and the EU are aligned on many global issues as well as having strong ambitions on trade and sustainable development.
The European Union Vice President further revealed that already €3.4 billion has been mobilized to support over one hundred and fifty projects in the country, including renewable energy, electric car mobility, and a sustainable agricultural value chain.
He added that a further €500 million has been mobilized to support connectivity for jobs and skills as well as digital governance.
“We are looking forward to good gratification by the Kenyan parliament and the European Union”, said Trade and Investment Cabinet Secretary Moses Kuria.
President William Ruto, who presided over the signing of the agreement, observed that the partnership will have a far-reaching effect on the economic transformation of the country.
