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Home International Customs

Kenya to sign EU exports deal with Burundi

byCT Report
14/07/2016
in International Customs, World Business
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NAIROBI: Kenya and Burundi are set to sign an agreement that will see them sell agricultural products to Europe duty-free. The deal will be signed next week after a Sectoral Council of Trade, Industry, Finance and Investment by the region’s countries.

A meeting of ministers responsible for East African affairs met on June 30 and proposed the agreement be signed on July 18. All four partner states, except Tanzania, agreed to sign the agreement. The decision by Tanzania not to sign the deal leaves the region, and specifically Kenya, at a great risk of losing revenue when exporting goods to the European Union.

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