
Kenya and the European Union just signed a landmark trade agreement
Kenya and the European Union have finalized a trade agreement, granting Kenya duty-free and quota-free access to the EU, its largest market and a crucial destination for its exports.
The deal will lead to progressive tariff reductions on certain EU imports to Kenya over a 25-year period, providing stability and market opportunities for Kenyan farmers and industrialists.
This trade agreement is significant as it marks the first major trade deal between the EU and an African country since 2016 and comes as Western allies.
In a victory for Brussels as it seeks closer economic links with Africa in the face of competition from China, Kenya, and the European Union have inked a trade agreement.