President William Ruto said the agreement will boost trade between Kenya and the 27 countries in the European Union.
The President said Kenya will now enjoy duty and quota-free access to the European market when the agreement is ratified by the European Parliament.
He said access to the 16 trillion euro market will stimulate the growth of manufacturing, value addition and entrepreneurship in the country.
This, he explained, will fast-track the realisation of the country’s Bottom Up Economic Transformation Agenda by expanding opportunities and increasing earnings.
At the core of this arrangement is our aspiration to put real money into the pockets of ordinary people,” he said.
Adding: “Today, therefore, is a great day for the hardworking hustlers who often make their contribution to job creation, innovation and value addition through the micro-small and medium enterprises and small businesses.”
President Ruto and EU Commission President Ursula von der Leyen witnessed the signing of the Kenya-EU Economic Partnership Agreement at State House, Nairobi.
Prime Cabinet Secretary Musalia Mudavadi, and Trade Cabinet Secretary Rebecca Miano, among other cabinet secretaries and governors, were present
