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"id": 695382,
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"type": "speech",
"speaker_name": "Hon. A.B. Duale",
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"speaker": {
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"legal_name": "Aden Bare Duale",
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"content": "In addition, the hard work of investment and promotion will be brought to a halt as investments worth Kshs200 billion stand to be lost. It will be affected seriously. Major companies will be affected. They will fold up and leave our country. Finally, Kenya will lose its dream of expanding our export to the EU in over 1,000 tariff lines. That is the vision and dream of the Ministry of Industry, Trade and Cooperatives. These are tariffs that were previously closed out under the Lome IV Convention and the Cotonou trade regimes which have now been liberalised under the EPA. Kenya has a comparative and competitive advantage in the production of commodities in most of these tariff lines, especially livestock production and agro-processed products. The EU market scan has shown that the market potential in our country is estimated at over Kshs300 billion. As I conclude, may I confirm to the House and go on record that our ratification of this agreement follows a request from the Executive. It is in line with the EAC Heads of State The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}