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Who is Misadvising Kenya on the EPA with the EU?

I am not an economist but I have closely followed the debate on the East African Community (EAC) and the Economic Partnership Agreement (EPA) with the European Union (EU) and have greatly benefited from the analysis and opinions of experts on this matter. It is clear that while Kenya has been pushing for (sometimes bullying its neighbors) to sign an EPA with the EU, the negative impacts are more than what we can gain as a region. The most recent advice against signing the EPA with the EU comes from the United Nations Economic Commission for Africa (UNECA) that clearly warns EAC against this deal. According to UNECA, the proposed EPA will neither spur economic growth nor bring wealth to the peoples of the region. UNECA further argues that if the EPA is signed, local industries will struggle to withstand pressure from European firms; EAC will be stuck in its position as a low valued-added exporter; the region risks losing trading opportunities with other non-EU partners hence hurting industrial output, welfare and GDP. One then wonders what it is that Kenya sees in the deal! Either some few individuals are set to personally benefit from it or someone is ignorantly and consistently so misadvising the Kenyan government.
Who is Misadvising Kenya on the EPA with the EU? Who is Misadvising Kenya on the EPA with the EU? Reviewed by Ibrahim Magara on June 22, 2017 Rating: 5

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