Kenya and the United Kingdom on Tuesday signed an Economic Partnership Agreement marking a major milestone in trade between the two countries.
The deal was signed in London on Tuesday, December 8, 2020, by International Trade Minister Ranil Jayawardena and Kenya’s Cabinet Secretary for Trade, Minister Betty Maina.
According to the deal, all companies operating in Kenya, including British businesses, will continue to gain from duty-free access to the UK market.
"I am delighted that today we have signed a trade agreement with Kenya. This deal makes sure businesses have the certainty they need to continue trading as they do now, supporting jobs and livelihoods in both our countries," Mr. Jayawardena said.
The deal will be beneficial to the export of Kenyan products such as tea, coffee, vegetables, and flowers.
It means Kenyan flowers and other goods could continue accessing UK markets quota-free or duty-free.
The UK will have free access to import vehicles, pharmaceuticals, and paper worth almost £800 million ($1 billion).