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The East Africa Trade and Investment Hub works to promote a more predictable, transparent and enabling business environment in East Africa, conducive to trade competitiveness and accelerated investment. Over the course of five years, activities under this component will achieve a 100 percent increase in the value of intra-regional trade in the EAC by advancing the implementation of the principles of regional integration, and enabling partner states to comply with intra-regional and international trade agreements and conformity to international standards.  

The Hub team works closely with a network of private businesses, investment firms and trade associations, as well as other development partners, to gather, collate and assess evidence for trade policy and regulatory reform. It then initiates dialogue with policy makers and regulators.

Over the last two years, the Hub’s trade policy and regulatory reform activities helped achieve a 39% increase in intra-regional trade within the EAC. Hub activities supported the acceleration of the compliance by the EAC Partner States with the U.S.-EAC Cooperation Agreement, implementation of the EAC Common Market Protocol (CMP) and enabling policies for an improved business ecosystem. 

Under the U.S.-EAC Cooperation Agreement, the Hub has supported both regional and national level WTO TBT and SPS compliance. With Hub's support, all EAC Partner States adopted the ePing electronic notification system (ENS); ENS meets the obligation for notification under the Cooperation Agreement on Trade Facilitation, SPS and TBT (an agreement that requires EAC Partner States to establish an effective process to ensure that they notify proposed measures on TBT and SPS to other WTO members). ePing will also allow the Partner States to access other WTO members' TBT and SPS measure notifications, and facilitate dialogue among the public and private sector in addressing potential trade problems at an early stage. Currently, both Uganda and Rwanda have adopted the ePing system, with Tanzania and Kenya agreeing in principle to use the system. Watch the video below:

 

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Regional cargo transporters find reprieve in e-tracking

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New e-pay system to boost trade efficiency

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Embrace IT solutions, reduce red tape to spur trade, EAC urged

Published on October 04, 2017
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Rusumo border post to start 24-hour operations on Oct 2

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Traders and clearing agents have welcomed the initiative by Rwanda Revenue Authority (RRA) and other government agencies to implement 24-hour operations at Rusumo on the Rwanda-Tanzania border. The facility will also work as one stop border post (OSBP), according to RRA officials. The local business community says the move will greatly boost cross-border trade and reduce transit time. Raphael Tugirumuremyi, the RRA Commissioner of customs, said the border will effective October 2 start 24-hour operations, adding that the move was agreed on by Heads of States of Rwanda and Tanzania during official opening of the facility last year. Read more. Source | New Times
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Finally, several barriers to EAC trade tumble down

Published on September 27, 2017
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EAC coming to grips with key role rail plays in growth, integration

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Hub partner advocates for "common market test"

Published on September 26, 2017
Private sector executives in Kenya, led by Hub grantee the Kenya Private Sector Alliance (KEPSA), have petitioned Parliament to amend a number of laws that have continued to hinder business transactions in the country and the region. During a session in parliament, KEPSA proposed the application of a ‘common market test’ that seeks to ensure that the Kenyan parliament does not pass trade and investment-limiting laws. Application of a common market test to all new legislation will ensure that no trade and investment-restricting measures exist in those laws. New MPs were further sensitized to the fact that domestic improvements to complying with the EAC Common Market Protocol are an important start for Kenya to similarly request reforms in other EAC Partner States when Kenya's trade and investment interests are affected. Recently, KEPSA finalized peer-to-peer meetings with Tanzania Private Sector Foundation (TPSF) where they developed a joint memorandum of reform issues to further remove trade and investment obstacles between the two countries. This memorandum was a result of peer-to-peer dialogue covering several sectors connected with the movement of capital, services and goods and involved both Kenyan and Tanzanian companies affected by measures imposed by the two countries, particularly in view of the recent trade disputes between the two neighbors. This joint memorandum is currently being shared with respective ministers responsible for trade and investment in the two countries. The Hub works with KEPSA to strengthen private sector abilities to identify key policy inhibitors to: Implement the EAC Common Market Protocol Improve on private sector capabilities to develop reform memoranda Engage in dialogue for legal, regulatory and administrative reforms. The Hub and KEPSA partnership creates new private sector opportunities and boost regional trade.
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