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East African common market established...

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  • East African common market established...

    This may have passed people by with the local headlines and the World Cup going on:

    http://news.bbc.co.uk/2/hi/business/8769566.stm

    East Africa's common market begins

    By Tim Bowler
    Business reporter, BBC World Service


    Jacquline Mkindi says the common market will help cut trade barriers

    East Africa's common market comes into force this month, which aims to allow goods to move freely across the region. The region's poor roads and lengthy customs procedures have long been seen by businesses as hindering cross-border trade. From July 1, Burundi, Kenya, Rwanda, Tanzania and Uganda will move to do away with all barriers to trade. However, this will take time and it is likely to take until 2015 before a free trade zone is fully operational. Last November, the member states of the East African Community (EAC) signed a common market protocol, aimed at expanding the existing customs union.

    Freer trade

    All five countries have already adopted a common external tariff,..........

  • #2
    good step forward...wish dem well
    TIVOLI: THE DESTRUCTION OF JAMAICA'S EVIL EMPIRE

    Recognizing the victims of Jamaica's horrendous criminality and exposing the Dummies like Dippy supporting criminals by their deeds.. or their silence.

    D1 - Xposing Dummies since 2007

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    • #3
      Is a start. A step in the right direction.
      "‎It is easier to build strong children than to repair broken men" - Frederick Douglass

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