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{
    "id": 1406204,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1406204/?format=api",
    "text_counter": 130,
    "type": "speech",
    "speaker_name": "Aldai, UDA",
    "speaker_title": "Hon. Marianne Kitany",
    "speaker": null,
    "content": "With the ratification of the EPA, Kenya will benefit from this agreement and have market access for its goods and services that have been selling at a very high rate. Before the signing of this agreement, the only goods allowed into the EU market on favourable terms are raw materials, mainly cut flowers. With signing of this agreement, upon ratification and coming into effect immediately, manufactured goods and services will access market. An example is our tea currently traded with the United Kingdom (UK), being our third largest market. When the tea is bought by the UK, it is value added and resold to EU markets. The benefits of value addition go to the UK as opposed to the originating country, Kenya. The signing of the EPA between Kenya on one part and the European Union, which has 27 countries, on the other side, will instantly open market access for Kenyan tea. We currently trade it at US$23 billion annually. We expect that to triple because we will have close to 27 countries trading. Furthermore, we will be allowed to trade in finished manufactured and value- added products. We are not looking at things like tea only but products like coffee, milk, leather, among others. They currently go from Kenyan markets to the EU. However, it is through other markets like the UK that they have access. With that, I beg to reply. Thank you."
}