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Why ‘monumental’ China duty-free trade deal has Kenya wanting more (www.scmp.com)
submitted 1 month ago by rss@news.abolish.capital to c/china@news.abolish.capital
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Kenya has reached a preliminary trade deal with China for duty-free exports of key products including coffee, tea and cut flowers – a major step towards narrowing the East African nation’s long-standing trade gap with Beijing. The “early harvest” framework grants duty-free access to the Chinese market for 98.2 per cent of Kenyan exports, as announced by the Kenyan Ministry of Trade on Thursday – less than a month after negotiations closed on December 19. While the deal provides an immediate...

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