Current Status of NTBs as of October 2019
Home > > Current Status of NTBs as of October 2019Currently, one hundred and ninety-nine (199) NTBs were resolved cumulatively since 2010; and ten (10) NTBs remained unresolved while eleven (11) new NTBs were reported with documentary evidence in the last forum held in October 2019. In total, two hundred and twenty (220) NTBs were cumulatively reported by all EAC Partner States from 2010 to October 2019. EAC partner states made good progress in eliminating reported NTBs. The tremendous achievement is mainly due to the effective EAC Monitoring Mechanism for identifying, monitoring and eliminating NTBs put in place in EAC which allows partner states to meet every quarter under the regional platform, a kind of public private dialogue comprised of officials from both the public and private sectors of all EAC partner states. The platform is entitled EAC regional forum on NTBs. The regional forum has been an opportunity for the private sector to report NTBs hampering the free movement of goods across the EAC region. The progress on elimination of the reported NTBs is monitored through the agreed monitoring tool “EAC Time Bound Programme”. IMPACT OF THE RESOLVED NTBs IN RWANDA The impact of trade facilitation measures and NTBs elimination agenda is significant on reducing time and cost of doing business on the Northern and Central Corridors the two major gateways for Rwandan imports and exports. The elimination of NTBs and other initiatives like the implementation of Single Customs Territory have saved transporters and logistics stakeholders where transport costs from Mombasa to Kigali reduced to US$ 3,800 in 2019 from US$ 6,595 in 2010 and from Dar es Salaam-Kigali to US$ 3,000 in 2019 from US$ 4,918 in 2010, while transit time from Mombasa-Kigali reduced to 5.4 days in 2019 from 15.6 days in 2010 and from Dar es Salaam-Kigali to 3.6 days in 2018 from 17.5 days in 2010
News on trade facilitation
Regional business community gets $3.2m funding for trade facilitation
2020-05-07 12:04:24