Kenya Scores Big! EU Deal Paves the Way for Booming Trade, Green Growth, and Good Jobs
The air crackles with excitement in Nairobi! Kenya and the EU have inked a groundbreaking Economic Partnership Agreement (EPA), promising a vibrant future for farmers, traders, and everyone in between. This landmark deal isn't just about boosting trade and investment; it's about paving the way for sustainable growth, greener practices, and good jobs on both sides of the globe.
What's in it for Kenya?
- Full EU Market Access: Kenyan products – from coffee and flowers to textiles and manufactured goods – get a red carpet welcome in the EU, opening doors to millions of eager consumers.
- Sustainability Champion: This EPA is the EU's greenest deal yet, with strong commitments to climate action, environmental protection, and fair labor practices. Kenyan farmers can access support to meet EU standards and tap into growing green markets.
- Jobs & Growth: Get ready for a boom! The EPA is projected to create thousands of new jobs in Kenya, boosting incomes and livelihoods across the country.
- Investment Magnet: Prepare for an influx! The agreement's stability and legal certainty will attract EU investment, fueling Kenya's development and creating even more opportunities.
"Kenya is a key partner for the European Union in Africa. The new Economic Partnership Agreement will boost bilateral trade even further, support investments and create good jobs in Kenya. This agreement will also contribute to sustainable and fair economic growth, bringing new opportunities for companies, to the benefit of both our people. It includes the strongest social and climate commitments of any EU trade deal with an African country."
Ursula von der Leyen, President of the European Commission - 18/12/2023
Call to action:
- Kenyan Farmers: Dive into the details! Download the EPA factsheet now to see how this agreement directly benefits your crops and market access: [link to factsheet]
- Traders & Businesses: Unleash new opportunities! Discover how the EPA streamlines export channels and unlocks the EU market for your ventures: [link to EU-Kenya EPA website]
- Citizens of Kenya & Europe: Let's celebrate cooperation! Share this post and spread the word about this historic agreement for sustainable growth and shared prosperity.
EU-Kenya: A Win-Win for All
This partnership holds immense potential for both continents. European businesses gain access to a dynamic African market, while Kenya leaps forward on its ambitious development journey.
"This is a historic agreement: Kenya is the economic hub of East Africa and a key ally in the fight against climate change. The agreement will unlock new areas of cooperation and mutual benefit for our workers, businesses and traders. And it puts in the spotlight our shared commitment to sustainable development, including labour rights, the environment and climate action. We now look forward to turning this deepened cooperation into meaningful action on the ground."
Valdis Dombrovskis, Executive Vice-President and Commissioner for Trade - 18/12/2023
Join the Conversation!
This is just the beginning! The future is brimming with possibilities. Let's celebrate this historic agreement and work together to make it a success. Share this post, explore the resources, and be part of a more sustainable and prosperous future for Kenya and the EU.
Remember:
- Download the EPA factsheet for farmers and traders.
- Visit the EU-Kenya EPA website for deeper insights.
- Share this post and spread the word for the betterment of Kenya-EU cooperation.
Together, let's make this partnership bloom!
#KenyaEU #EPAPartnership #SustainableTrade #GreenGrowth #GoodJobs
Readmore on our Twitter handle(X): https://x.com/k254NairobiNews/status/1736773534683484488?s=20
Compiled by:
Muhoro Pius W.
Business and International Trade Editor
Email: editor@k254nairobinews.com
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