Business Daily | by Constant Munda
Kenya will start to gradually cut duty on goods from the UK seven years after the post-Brexit trade agreement with the Europe’s second largest economy is enforced, giving time for domestic firms to enhance their competitive advantage.
The trade deal, which is awaiting approval from lawmakers of both countries, will eventually see duty on 82.6 percent of products originating from the UK abolished after 25 years.
The document shows the 10 percent duty on intermediate goods will start reducing after seven years from the time the trade pact is ratified…
