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Regional business community gets $3.2m funding for trade facilitation
The East African Business Council (EABC) on Tuesday signed a US$ 3.2 million financing agreement with TradeMark East Africa (TMEA) for support in implementing a three-year programme focused on the simplification and harmonization of trade procedures in the region. The partnership will support EABC’s advocacy efforts of improving coordination, reporting and resolution of non- tariff barriers along the corridors ; harmonization and adoption of East African standards or (...)
TMEA and UNCTAD ink new partnership that will help fast track implementation of WTO Trade Facilitation Agreement in the Eastern Africa region
Geneva, July 3rd, 2019 : TradeMark East Africa (TMEA) has today signed a $3.14 M financing agreement with the United Nations Conference on Trade and Development (UNCTAD) which is aimed at ensuring that EAC countries comply with the WTO Trade Facilitation Agreement (TFA). The agreement was signed by TMEA CEO, Frank Matsaert and the Secretary General of UNCTAD, Dr Mukhisa Kituyi in Geneva. The initial TradeMark East Africa (TMEA) and United Nations Conference on Trade and (...)
Would more trade facilitation lead to lower transport costs in the East African Community ?
Briefing papers May 2017 Andreas Eberhard-Ruiz and Linda Calabrese Since the establishment of the East African Community (EAC), comprising Burundi, Kenya, Rwanda, Tanzania and Uganda, the region has seen a steady strengthening of economic and political ties among the community’s partner states. The EAC Customs Union came into force in 2005, facilitating the establishment of a common external tariff and paving the way for the removal of all intra-regional tariffs by (...)
Good progress of East Africa on trade facilitation and enhanced border control
29 July 2019 Five Revenue Authorities of East Africa, namely Burundi, Kenya, Rwanda, Tanzania and Uganda, gathered in Zanzibar, Tanzania on 17 July 2019 for the third Regional Joint Coordinating Committee (RJCC) meeting of their “Project on Capacity Development for Trade Facilitation and Border Control in East Africa”. This Project is implemented by the five East African Revenue Authorities (EARAs) with the support jointly provided by the WCO and JICA. With the aims at (...)