All you need to know about ASSET V6

Growth of international and intra-regional trade is recognized as key factors towards achieving greater economic growth and regional integration for the East African region. However, the East African region is characterized by high costs of doing business, high costs of transportation, numerous non-tariff barriers, delays and associated administrative costs on the transit logistics chain all of which are eventually passed down to the end consumer of the goods. This cause a huge increase in the cost of goods in the landlocked countries, and given that the EAC region is a net importer, is a factor that makes the region very uncompetitive compared to the world markets and economies.