Acknowledging the importance of the EAC EU EPA negotiations for Kenya’s exports to the European Union, His Excellency President Uhuru Kenyatta committed to take charge of the EU EAC Economic Partnership Agreement (EPA) negotiations for timely conclusion. He said this during the Presidential Round Table meeting (PRT) held on Friday, February 14, 2014, at State House. The Kenya Flower Council is a member of KEPSA and was represented by the Chairman Mr. Richard Fox and the CEO Mrs. Jane Ngige at the meeting.
The President acknowledged the economic importance of Kenya exports to the EU, worth over kshs 100 billion and providing for over 2.2 million livelihoods across the country. This comes after a meeting for the joint EAC – EU Ministerial meeting was held from 27th to 31st January, 2014 in Brussels, Belgium failed to conclude just about 1-2% outstanding issues. The Ministers, preceded by technical teams and senior officials negotiations, will meet again in March in East Africa. Kenya will not be able to compete on price and market share will be lost if the agreement is not signed by October 2014. Meanwhile countries like Colombia, Tanzania, Uganda, Rwanda, Burundi and Ethiopia will continue to enjoy their duty free status with the EU come October 1, 2014.