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Kenya signs trade deal with European Union to safeguard exports

Kenya signs trade deal with European Union to safeguard exports

KENYA signed an Economic Partnership Agreement with the European Union that will guarantee duty-free access for its farm produce into its biggest export market. European goods entering Kenya will see tariffs reduced over a 25-year period under the agreement, officials said at a signing ceremony in the Kenyan capital Nairobi. The deal took seven months to negotiate, making it one of the fastest the EU has ever struck, officials from both sides said. Kenya, Africa's seventh-largest economy, is a major exporter of tea, coffee, flowers, fruits and vegetables. The EU accounts for 21% of its overall exports. "Beyond trade, the…
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‘Parting is such sweet sorrow’: EU and UK clinch narrow Brexit accord

‘Parting is such sweet sorrow’: EU and UK clinch narrow Brexit accord

GUY FAULCONBRIDGE, ELIZABETH PIPER and JOHN CHALMERS BRITAIN clinched a narrow Brexit trade deal with the European Union just seven days before it exits one of the world's biggest trading blocs in its most significant global shift since the loss of empire. The deal, agreed more than four years after Britain voted by a slim margin to leave the bloc, offers a way out of a chaotic finale to a divorce that has shaken the 70-year project to forge European unity from the ruins of World War Two. It will preserve Britain's zero-tariff and zero-quota access to the bloc's single…
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On cusp of Brexit trade deal, EU and UK haggle over fish

On cusp of Brexit trade deal, EU and UK haggle over fish

GUY FAULCONBRIDGE, ELIZABETH and JOHN CHALMERS BRITAIN and the European Union were on the cusp of striking a narrow trade deal on Thursday, swerving away from a chaotic finale to a Brexit split that has shaken the 70-year project to forge European unity from the ruins of World War Two. While a last-minute deal would avoid the most acrimonious ending to the divorce, the United Kingdom is heading for a much more distant relationship with its biggest trade partner than almost anyone expected at the time of the 2016 referendum. Sources in London and Brussels said a deal was close…
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