DAR ES SALAAM, Tanzania - Continued investments in trade infrastructure as well as the dismantling of bureaucratic and procedural barriers to economic integration is positioning the East African Community (EAC) as the destination of choice for doing business. Senior officials from consultants, TradeMark Africa (TMA) were last week launching their annual report covering the period 2013/2014. Recently they did the same for Uganda a couple of weeks ago. TMA is the lead advisor for improving trade flows across the region. Partnership between TMA and the East African governments has been described as vital in achieving the great progress in delivering seven key One Stop Border Posts (OSBP) across East Africa this year. This has helped increase physical access to markets for both formal and informal traders. Nelson Karanja, the TMA Communications Manager said pilot operations at the Kobero/Kabanga between Tanzania and Burundi borders already indicate a two-day reduction in transit times at Kabanga for cargo trucks. There has also been a reduction in tedious formalities for traders which previously had an adverse impact on time and costs of business. Karanja was giving a presentation in an event which was officiated by Tanzania’s Permanent Secretary (PS) in the Ministry of East Africa Cooperation Joyce Mapunjo. George Lauwo, Director in Tanzania’s Ministry of East African Cooperation, who represented the PS, expressed appreciation of TMA work in East Africa and Tanzania in particular. He reiterated that the government was very pleased with the partnership with TMA, who continue to work with partners in...
Lower barriers raise EAC status
Posted on: May 18, 2015
Posted on: May 18, 2015