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Kenya hit as European Union taxes exports

By Frankline Sunday and Nicholas Waitathu | Oct. 2, 2014

Foreign Affairs Cabinet Secretary Amina Mohamed.

Nairobi, Kenya: Thousands of jobs are at risk after Kenya failed to broker a trade deal with the European Union (EU). This is after the Economic Partnership Agreements (EPAs) that accord preferential export benefits for Kenyan exporters to the EU markets failed to meet Wednesday’s deadline.

As a result, Kenyan products that have been enjoying duty-free export to the EU now have to pay between four and 30 per cent in taxes starting Wednesday.

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