Private Sector Alliance roots for Economic Partnership Agreement deal

PHOTO:COURTESY

Kenya’s private sector players have sought help from their Tanzanian counterparts to lobby their government to sign the Economic Partnership Agreement (EPA) with Europe.

Kenya Private Sector Alliance (KEPSA) and the Tanzanian Private Sector Foundation (TPSF) are working on a plan they hope will convince Tanzanian authorities to endorse the deal during the East African Community (EAC) Summit.

HARDLINE STANCE

“The EAC Summit that was to happen in Nairobi in February was postponed to early this month. The summit has been postponed again to a date that is yet to be confirmed.

Only Tanzania and Uganda have not ratified the EPA deal and we hope by lobbying with our private sector counterparts, we can have Tanzania sign the deal,” said KEPSA Chief Executive Carole Kariuki in an interview with The Standard.

The agreement guarantees EAC member States quota and duty-free access to the European market.

Speculation has been rife that the EPA deal is dead in the water, with Tanzania maintaining a hardline stance, arguing that the agreement in its current state would kill off its industries.

Ms Kariuki said the two lobbies would be represented at the next EAC summit.