The Kenyan government and the European Union (EU) have signed an Economic Partnership Agreement that will allow Kenyan businesses to have a duty free and quota-free access of the European Market.
Speaking during the signing at State House, Nairobi, an EU representative said access to the markets is a very important aspect of any investment.
“Kenyan exports will enjoy duty and port-free access to the European market from day one. Kenya, given its economic development status, will only have to open its own market for EU production later and very gradually.
“The EU is Kenya’s major export market. Reliability of the business environment and market access is the single most important factor for investment decisions,” EU lead negotiator Dora said.
Trade negotiations on a deal started in 2026 as EU is Kenya’s largest export market accounting for 20 per cent of the country’s total exports.
The EU started talks with the five East African Community (EAC) countries- Rwanda, Burundi, Tanzania and Uganda- but only Kenya ratified the agreement.