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Date: 1-Jul-2024 Category: Not Applicable State: Union Government Country: Europe

Information concerning the entry into force of the Economic Partnership Agreement between the European Union, of the one part, and the Republic of Kenya, Member of the East African Community, of the other part

Issued by Council of the European Union · Not Applicable

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Executive Summary & Key Takeaways

What it means

  • The Economic Partnership Agreement (EPA) between the European Union and the Republic of Kenya, a member of the East African Community, has entered into force on July 1, 2024.

Key Changes

  • The agreement enters into force on 1 July 2024, as per Article 139(2) of the agreement.
  • Both parties, the EU and Kenya, completed their internal legal procedures by 30 May 2024, which triggered the entry into force.

Impact Analysis

Kenyan Businesses

  • Action Item: Kenyan businesses should assess their export potential to the EU market and prepare to meet EU standards and regulations.

European Union Businesses

  • Action Item: EU businesses should explore opportunities for investment and trade in Kenya, considering the new preferential access conditions.

Kenyan Government

  • Action Item: The Kenyan government should implement policies to support domestic industries in adapting to increased competition and maximizing the benefits of the EPA.

East African Community

  • Action Item: The East African Community should assess the broader implications of the EPA for regional integration and trade.

Consumers (Kenya and EU)

  • Action Item: Monitor price changes and product availability to assess the impact on consumers.

Key Entities Referenced

European Union: One of the parties to the Economic Partnership Agreement. Republic of Kenya: One of the parties to the Economic Partnership Agreement, and a Member of the East African Community. East African Community: A regional intergovernmental organisation of which Kenya is a member. Economic Partnership Agreement (EPA): The trade agreement between the European Union and the Republic of Kenya. Article 139(2) of the Agreement: The specific article within the Economic Partnership Agreement that governs the entry into force of the agreement.
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Official Journal EN of the European Union L series 2024/1684 1.7.2024 Information concerning the entry into force of the Economic Partnership Agreement between the European Union, of the one part, and the Republic of Kenya, Member of the East African Community, of the other part The Economic Partnership Agreement between the European Union, of the one part, and the Republic of Kenya, Member of the East African Community, of the other part (1), enters into force on 1 July 2024, in accordance with Article 139(2) of the Agreement, as the Parties notified each other of the completion of their internal legal procedures on 30 May 2024. (1) OJ L, 2024/1648, 1.7.2024, ELI: http://data.europa.eu/eli/agree_internation/2024/1648/oj. ELI: http://data.europa.eu/eli/info/2024/1684/oj 1/1

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