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:
Related Blogs and Resources
Published on December 21, 2016
In order to acquire land and start actual work on the development of Free Trade Zones in Uganda, the authority responsible for the establishment could require funding of up to Shs400 billion. Established in 2014, the Uganda Free Zones Authority (UFZA) was meant to attract export-oriented investments to Uganda that would be given specific tax incentives.
While launching the 2015/16 – 2019/20 Strategic Plan in Kampala on Tuesday, Mr Richard Jabo, the executive director UFZA, revealed that implementation will require funding of between Shs360 billion and Shs400 billion over the next five years. Read more. Source | Daily Monitor
Published on December 08, 2016
Traders in the East African Community (EAC) should understand the rule of game in the regional cross-border trade, a trade technocrat has advised as millers in Kenya complain about zero rated wheat flour imports from Tanzania.
The East African Business Council (EABC) Trade Economist, Mr Adrian Njau, said in a telephone interview from Arusha yesterday that most traders were uninformed of their rights stated on the EAC treaties.
“Business people operating in the region should not overlook the procedures needed to penetrate the regional markets, but make effective use of the duty-free access to sell their products,” he said. Kenyan millers have questioned the application of the EAC tax regime by the authorities which allow wheat from Tanzania to enter Kenya market tax free. Read more. Source | Daily News
Published on December 06, 2016
Kampala, Uganda was the next stop in the series of quarterly East African Community (EAC) Common Market Protocol implementation update sessions. These events are designed to appraise private and public sector on the progress the EAC Partner States are making towards full implementation of the EAC Common Market Protocol. The protocol creates a framework for economic integration among Partner States where there is free movement of goods, labor, services and capital.
The Hub works with legal experts in each of the Partner States to research country-level legislative developments and their impact on the integration process. The aim is to flag potentially retrogressive measures, such as discrimination against citizens of other Partner States from participating in the country's economy.
Below are some of the key highlights from the meeting. You can also download the presentation here.
Published on December 02, 2016
Introduction of new duties and levies on imports and exports has slowed down containerised trade along the East Africa’s Northern corridor, a trade report by shipping giant Maersk Group states.The report shows the northern corridor comprising Kenya, Uganda, South Sudan and parts of Rwanda recorded a three per cent growth in exports, while imports rose two per cent year-on-year in September.
“Imports were stifled by introduction of new duties and levies on some of the import commodities such as used clothing, as well as new regulations on auto and paper imports into Kenya,” head of Safmarine East Africa Purity Karau said. Source: The Star. Read more...
Published on November 23, 2016
On November 22, the Hub and the Tanzania Private Sector Federation (TPSF) jointly held an event in Dar es Salaam, Tanzania to appraise private and public sector practitioners on the country's progress toward implementation of the East African Community (EAC) Common Market Protocol. The protocol seeks to establish a single market where there is free movement of goods, services, labor and capital across member states, thus expanding economic opportunities in the region.
The update was based on ongoing legal research and analysis carried out by the Hub in each of the EAC Partner States on new and existing legal provisions and their impact on the implementation of the protocol. Based on this research, the Hub partners with private sector associations, such as TPSF, to seek reform of the measures that are inconsistent with the protocol.
Published on November 18, 2016
The East African Community (EAC) is hatching a plan to harmonise laws that will regulate cross border insolvency. Insolvency occurs when an organisation or individual is unable to pay debts on time. An insolvent company can either wind up or be restructured.
Speaking to journalists an the launch of the insolvency week in Kampala, Mr Bemanya Twebaze, the registrar general Uganda Registration Services Bureau (URSB),said resolving insolvency is one of the areas that the World Bank bases in preparing its easing of business report.
The World Bank Doing Business Report 2017 which is its 14 edition and themed ‘Equal Opportunity for All’ released in Washington DC on October 25, shows that Uganda moved from 122 in 2015 to 115 in 2016 out of 190 economies. Read more. Source | Daily Monitor
Published on November 10, 2016
Kenya is inching closer to getting a National Trade Policy to address export challenges and boost trade.
The policy is expected to address market access for local goods as the government bridges the trade gap that exists with different markets.
Trade Principal Secretary Dr Chris Kiptoo said on Wednesday that the country’s trade structure has concentrated much on primary products and traditional markets without diversifying to tap new opportunities. Read more. Source | Citizen TV
Published on September 01, 2016
Imagine you were exporting some perishable goods abroad. However, you find out once your goods reach the destination port that they cannot be allowed into the country because of a newly introduced requirement or standard that your product does not meet. The goods have to be destroyed or returned. You stand to suffer massive losses and possibly lose a buyer. This hypothetical situation can happen in real life.