You know what, you're just wasting my time now,you are quoting the freaking UK for me? Does anyone even care about the UK anymore? Your article talked about sanctions against banks incorporated in Iran, if I send an ATM card, ofcourse it would be of an American bank so there's no logic there.

@liv here's the thing!

1. These guys have to implement the constitution to the letter! By attending trial at the Hague as a sitting president UhuRu would be violating the constitution...

2. I know you don't believe everything you hear as they say they will co operate!

3. The West will cut ties with Kenya whether UhuRuto co operate or not due to their own laws that require them to keep a distance from suspected warlords! Isn't this a form of sanctions given how much we need them??

@guru if the west/EU cut ties, this will not be easy since corporations will sue them as in the case here below in Iran

http://www.presstv.ir/de...s-on-iran-bank-saderat/

The European Union's (EU) General Court has ordered the bloc to lift sanctions against the Iranian state-owned Bank Saderat.


The Court ordered removal of Bank Saderat sanctions on Wednesday saying that the EU has failed to provide evidence that the bank is involved in Iran's nuclear energy program

The EU has two months to appeal the verdict

Last Week, the European Court of Justice also issued a similar ruling about Bank Mellat which has also been the target of anti-Iran sanctions.

In December 2012, the Luxemburg-based Court of Justice also ordered the EU to lift its sanctions against Iranian private bank, Sina.

But the EU still remains Kenya’s major export market and its biggest source of tourists.

In 2011, the EU absorbed 26 per cent of Kenya’s total exports, while also being the largest source of tourists visiting the country. Total exports to the European Union increased by 17.4 per cent in 2011 compared with a 6.4 per cent increase in 2010.

The increase in exports to the UK was largely on account of increased exports of cut flowers, tea and beans.

In terms of aid, the EU as a bloc has distributed over Ksh30 billion ($344 million) in the past five years, but the contribution from individual countries is much higher. Sanctions against Kenya from the bloc could hurt the country’s tourism and horticulture sectors as well as the country’s debut $500 million Eurobond, to be issued later this year, investment analysts said.

Domenico Fanizza, assistant director at the IMF, said the agency’s biggest concern was a peaceful outcome so that its programme with Kenya is not disrupted.

Although Kenya has improved its ability to finance its national budget by up to 85 per cent, the country still requires aid, with the West being one of the main sources of assistance, although not direct budgetary assistance.

“Kenya doesn’t really need donors, although it certainly could use donor funds to bolster its development spending, as many emerging economies have demonstrated,” said Shantayanan Devarajan, the World Bank’s chief economist for Africa, adding only some 15 per cent of Kenya’s public expenditures are foreign-financed, compared with more than 40 per cent in other EAC countries.

The level of diplomatic contact between Kenya and the West has been growing due to the longstanding relations built since before Independence.

Kenya, for example, hosts the British Army Training Unit Kenya in Laikipia, the only such programme in Africa, while the United States Army has a military presence in Lamu.