Exporters welcome EPAs deal but EU rules out refund

flowers processing for export

Nairobi; Kenya: Even after securing export deal with the European Union, Kenyan exporters could miss out on compensation. Although the Government says it is negotiating a reimbursement package with EU officials, the latter has ruled out this possibility.

Any hopes that exporters had of a refund for between Sh2.6 billion and Sh4 billion in taxes that will be paid in the meantime were yesterday dashed as it emerged that the EU would not commit to making the refunds.