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Kenya-UK trade agreement now operational

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Kenyan Wall Street | by Mwakaneno Gakweli


Kenya’s trade agreement with the United Kingdom is now operational after both sides’ officials completed the ratification process. Kenya aims to enhance its market share in the UK by 5% by 2025, translating to $10.2 billion (Sh1.1 trillion), up from Ksh 39 billion for the last five years to 2019.

Earlier in March, the post-Brexit trade agreement received approvals from legislators on both sides, creating a path to continue duty and quota-free access of Kenyan exports post-Brexit. The duty-free, quota-free access excludes agricultural and industrial products…

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