Kenya-UK Partnership Agreement:  Impact on the EA Region

Kenya-UK Partnership Agreement: Impact on the EA Region

  12th Mar 2021 |   Online

The British Chamber of Commerce Kenya (BCCK) and ALN Kenya | Anjarwalla & Khanna (A&K) hosted a webinar on the impact of the Kenya-UK Economic Partnership Agreement (EPA) on international players in the Kenyan market and the East African region at large.

The United Kingdom and Kenya have had a strategic relationship based on partnership and mutual interest, in a bid to harness and protect prosperity, security and stability between the two countries. In order to promote and advance regional trade and economic development after Brexit, Kenya and the UK signed the EPA on 8 December 2020. This new framework incorporates the terms of the economic partnership pact negotiated between the East African Community partner states and the European Union. The EPA is expected to deliver significant benefits to Kenya and its partners in the EAC region once fully implemented as well as deepen the EAC integration. Kenya has taken the lead in this process, considering its strategic trade and economic position in the EAC region.

With a line-up of speakers from the Kenyan Government, the UK Government, industry experts, BCCK, and A&K, this webinar provided a platform to discuss and share valuable insights on this new framework which covered a host of topics, including barriers to free flow of trade between the UK and the EAC countries, constraints to foreign direct investment, intellectual property, e-commerce, government procurement, among others, with a focus on the potential impact of these developments on the private sector.