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EU and EAC negotiators discuss trade issues

Video guest: Josephine Mwangi

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Wednesday, 07 March 2012

EU and EAC negotiators discuss trade issues

Following some weeks of prevailing atmosphere of uncertainty, EU and East African Community (EAC) negotiators recently met at technical level in Kigali, Rwanda, to discuss trade issues. Particularly, talks dealt with rules of origin, dispute settlement and some institutional provisions as agreed during their  previous meeting in Brussels, held last December. According to the European Commission Press service, “talks were fruitful and instrumental in preparing the next negotiating rounds”, which are scheduled for April and May. The Parties follow an agreed roadmap which should lead to the conclusion of negotiations by Summer 2012.
The EU represents an important trade partner for the region, with around €3 billion of imports from the EU (mainly oil products, medicines, machinery and mechanical equipment, cars, aircrafts, electrical appliances etc.) and around €2 billion of exports towards the EU (mainly agro-food products: coffee, tea, fresh cut flowers, fisheries, tobacco, cocoa etc.) in 2010. Kenya, the biggest economy and the only non – Least Developed Country (LDC) in the region, heavily relies on the EU (which represents 31% of its export market) for selling its cut flowers, tea, vegetables and coffee.

Source: European Commission