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Kenya: Slow demand and EPA uncertainty plague flower sectorFlower producers and exporters in Kenya say demand for flowers just rose slightly this year during the Valentine's season, despite new markets such as South Korea and Australia opening up.
In addition, Britain’s decision to leave the EU contributed to slow growth.
The country’s lucrative flower sector is a key foreign exchange earner but faces an uncertain future as the Economic Partnership Agreement (EPA) with the European Union is still pending.
“Our main challenge currently is with Economic Partnership Agreement that is where we are seeing we are going to have a very big challenge simply because if we don’t sign that agreement on time then our produce that we are sending to the European countries will attract taxation. In essence increasing the cost of us sending our products to the European market,” said George Ong’any administration manager at Van Den berg Kenya Ltd.
Read more at Africanews
Publication date: 2/17/2017
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