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Brexit might be advantageous for KenyaBeing the second-biggest European economy, the UK has considerable global economic, cultural, scientific and political influence. Now that Brexit is drawing nearer, it is likely to enhance trade with the rest of the world, especially Commonwealth countries such as Kenya.
Currently, the UK is Kenya’s second-most important export destination in Europe. Kenya accounts for almost 30% of England’s fresh produce and 56% of the black tea market. After Brexit, Kenya will have an opportunity to increase exports and even introduce more products if its sanitary conditions are not only improved but also trusted.
The UK is committed to focus on the private sector in Africa as it becomes more bilateral. The private sector faces many obstacles in Africa -including inadequate government regulation, restrictive policies, poor infrastructure, skills shortages, trade restrictions, tariff and non-tariff barriers to African exports, etc.
A nation.co.ke article describes how the UK should support Africa’s and Kenya’s agriculture sector, especially in value chain improvement. Strengthening anti-corruption measures and enabling private sector growth, regional trade integration and free trade deals will usher an era of mutual benefit between Kenya and the UK.
Publication date: 1/30/2018
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