INTERNATIONAL REGULATORY ROUND UP – KENYA OPENED UP AS KNITWEAR SOURCING CENTRE FOR EUROPEAN BUYERS
October 12th, 2023
Kenya is being opened as a potential outsourcing centre for European Union (EU) knitwear brands by a new EU-Kenya Economic Partnership agreement, now being considered for ratification by the EU Council of Ministers and the European Parliament (1). Once implemented, the deal will remove 12% and 9.6% EU duties charged on many knitted apparel exports from Kenya, potentially boosting a knitted apparel and accessory trade, growing in recent years. UN figures show receipts from such Kenyan knitwear exports to the EU have grown from USD5.3 million in 2020; to USD8.4 ...
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