How UK trade deal will affect Kenyan economy

nairobi city county
[Image source: African Arguments | Credit: Nina R.]


Nation | by David Mwere


Kenya is staring at massive losses in revenue following the ratification of the Economic Partnership Agreement with the United Kingdom.

The National Assembly ratified the EPA on Tuesday, opening the local market to about 1,934 products from the UK, whose import tariff will either be lowered or zero-rated.

The pact, which expires in 25 years, has been adopted at a time the country is facing challenges in financing its obligations…

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[Image source: African Arguments | Credit: Nina R.]

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