UK signs Economic Partnership Agreement with Kenya, benefiting UK-Kenya trade which was worth £1.4 billion in 2019.
The UK has today (Tuesday 8 December) signed an Economic Partnership Agreement with Kenya. The deal was signed in London by International Trade Minister Ranil Jayawardena and Kenya’s Cabinet Secretary for Trade, Minister Betty Maina.
This trade agreement will ensure that all companies operating in Kenya, including British businesses, can continue to benefit from duty-free access to the UK market.
It will support jobs and economic development in Kenya, as well as avoid possible disruption to UK businesses such as florists who will be able to maintain tariff-free supply routes for Kenya’s high-quality flowers.
Top goods imports to the UK from Kenya last year were in tea, coffee and spices (£121 million); vegetables (£79 million); and live trees and plants, mostly flowers (£54 million).
The UK market accounts for 43% of total exports of vegetables from Kenya as well as at least 9% of cut flowers, and this agreement will support Kenyans working in these sectors by maintaining tariff-free market access to the UK.
It will also benefit many of the approximately 2,500 UK businesses exporting goods to Kenya each year, including many UK suppliers of machinery, electronics and technical equipment, where continued tariff-free access will be guaranteed.
As one of the largest economies in East Africa, Kenya is an important trading partner for the UK.
This deal also recognises the importance of the wider region, and the agreement is open for other members of the East African Community to join.
International Trade Minister Ranil Jayawardena said:
Minister for Africa James Duddridge said: