By KIARIE NJOROGEThe National Assembly is Tuesday set to hold a special sitting to consider the ratification of the Economic Partnership Agreement (EPA) with the European Union as the deadline for the key deal looms. Failure to sign and ratify the EPA by all the East African Community (EAC) states by September 30 will put about 200 Kenyan firms and four million jobs at stake. Kenya and Rwanda signed the EPA on September 1 in Brussels, Belgium, while Uganda and Burundi have indicated a willingness to sign. The rest of the EAC member states have alternative access to EU as they are classified as least developed. MPs last week met Treasury Secretary Henry Rotich and are looking at the option of having Sh10 billion released through a formula modelled on the Economic Stimulus Package (ESPs).

Source: Daily Nation September 20, 2016 06:45 UTC