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UK to Negotiate Better Trade Deals With Kenya After Brexit

Kenyan WallStreetbyKenyan WallStreet
January 24, 2017
in Kenyan News
Reading Time: 1 min

UK High Commissioner to Kenya Nic Hailey has said that the country should expect better deals with the United Kingdom once the country completes the process of exiting from the European Union- Brexit.

Mr Hailey noted that with reduced restrictions that come with membership in a trade bloc like the EU, Britain would negotiate better and lucrative agricultural produce deals with Kenya.

“Once the process of exiting is complete, the UK will negotiate new trade deals with Kenya, especially for agricultural products including tea and flowers, which we expect will be better for the country,” Mr Hailey said.

Britain voted to exit the EU in June 2016, sending shockwaves across markets and setting in motion a process that would see the country renegotiate individual trade pacts.

Source; Daily Nation, Editing By Kenyan Wall Street



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