Kenya’s Cabinet Secretary, Ministry of
Industry and Trade Adan Mohamed, Rwanda minister for Trade, Francis
Kanimba, H.E Ambassador of Slovakia to EU Peter Javorcik and Sandra
Galina (right) of the European Commission . PHOTO: Courtesy
East
African heads of state will today meet in Tanzania for an extraordinary
summit meeting, with Kenya keen to push its neighbors to ink a new trade
deal with the European Union.This is the latest push by the government to put an end to 14 years of negations of the Economic Partnership Agreement (EPA) that guarantees favorable terms for exports to the EU.
Trade Cabinet Secretary Adan Mohamed and his EAC Integration counterpart Phyllis Kandie are expected to present a strong case for the signing of the deal even as Tanzania calls for a delay to allow for time to iron out the impact of the deal.
“Tanzania will not sign the economic partnership agreement (EPA) until several issues are addressed,” Tanzania Minister of Foreign Affairs Augustine Mahiga told journalists on Wednesday.
According to the EAC secretariat the 17th extraordinary meeting is expected to consider the council of ministers report on EU-EAC economic partnership agreement.
But with Tanzania holding to its hardliner position it is expected the EPA will be ratified ahead of the October 1 deadline.
Kenya stands to be the biggest loser should the agreement flop. This is because under the EU rules Kenya is classified as a developed country and will therefore be subjected to taxes and levies for goods seeking entry into Europe.
Last week, Kenya and Rwanda trade officials flew to Brussels, Belgium and signed the economic partnership agreement pact with the European Union.
Uganda has also rescinded its earlier stand is also expected to sign the EPA deal at Thursday’s summit.
The summit will be chaired by Tanzanian president John Magufuli and Rwandan president Paul Kagame and Uganda’s Yoweri Museveni. Deputy President William Ruto is expected to represent President Uhuru Kenyatta at the meeting.
All five EAC countries have to sign the EAC-EU-EPA deal and have it ratified in their respective parliaments before October 1.