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EAC: Protectionism will not help locally produced goods

Published on March 23, 2016

This is a critical and strategic discussion that should continue and I’m glad it was triggered by the Minister of Trade and Industry; it means it is high on the agenda of the Government of Rwanda.

For industrialisation to take place, there are many prerequisites: universities must be actively involved in research and development, availability of basic infrastructure (electricity, water, transportation and Internet connectivity), access to finance (and even preferential treatment for local firms...just replicate the EXIM banks in most OECD countries) and reduction of government red tapes. Read more. Source | New Times